Dallas Area Residential Sales Report for October – Far North Dallas

Dallas Area Residential Sales Report for October – Far North Dallas

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Well Far North Dallas went against the trend with home sales off  9% compared to last October.  However, it looks like some sales just got delayed for some reason because pending sales shot up 28%. November is looking good! The average sales price declined 10% and the median sales price fell 1%. The number of new listings rose 2% but the active listings dropped 9% taking the months of inventory down to 3.4 months. That’s just a little over half way to the 6 months considered a balanced market.

Sales: 74

Average Sales Price: $468,604

Median Sales Price: $439,500

Pending Sales: 96

New Listings: 133

Active Listings: 290

Months of Inventory: 3.4

Information provided by The Real Estate Center

#DallasHomes #realestate

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