Dallas Area Residential Sales Report for October – Garland TX

Dallas Area Residential Sales Report for October – Garland TX9ad9f-garland2b4

Garland just followed what seems to be a trend with sales off 1% but pending sales up 15%.  The average sales price  rose 5% as did the median sales price. New listings declined 4% but the active listings were 6% higher than this time last year.  The months of inventory remains very low at 2 months. Buyers are having a had time finding a home with such small inventory.

Sales: 165

Average Sales Price: $223,154

Median Sales Price: $210,000

Pending Sales: 188

New Listings: 221

Active Listings: 350

Months of Inventory: 2

Information provided by The Real Estate Center

#Garland TX #realestate

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