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

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

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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

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