Dallas Area Residential Sales Report for November – Garland TX

Dallas Area Residential Sales Report for November – Garland TX

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Home sales in Garland increased 2% in November. Pending sales rose 12% so December is looking positive. The average sales price eked out a 2% gain while the median sales price climbed 6%. When the median rises fasted than the average it means that the sales were skewed to the higher ranges. New listings fell 10% and the active listings came in 1% lower. The months of inventory is at a very low 1.8 months. Hard times if you are a buyer.

Sales: 153

Average Sales Price: $217,834

Median Sales Price: $212,000

Pending Sales: 182

New Listings: 184

Active Listings: 319

Months of Inventory: 1.8

Information provided by The Real Estate Center

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