Dallas Area Residential Sales Report for October – Carrollton/Farmers Branch

· by · in carrollton, Dallas Area Residential Sales Report, farmers branch, real estate market. ·

Dallas Area Residential Sales Report for October – Carrollton/Farmers Branch

a05ba-carrollton2bdowntown

Buyers were snapping up homes in the Carrollton, Farmers Branch area in October with sales up 29% as compared to last October. The average sales price was flat while the median sales price rose 6%. Pending sales increased 5%. Now for the bad news if you are a buyer. New listings dropped 14% and the number of active listings declined 14%. This dropped the months of inventory down to 1.7 months. It’s tough to find the home of you dreams with this low inventory.

Sales: 159

Average Sales Price: $331,071

Median Sales Price: $305,000

Pending Sales: 162

New Listings: 157

Active Listings: 270

Months of Inventory: 1.7

Information provided by The Real Estate Center

#CarrolltoHomes #FarmersBranchHomes

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.