Dallas Area Residential Sales Report for December – Prosper, TX
Buyers were falling in love with prosper in December. Homes sales shot up 40% compared to the same time last year. Pending sales went through the roof jumping 81%. The average sales price rose 2% while the median sales price dropped 1%. Looks like builders were doing some discounting in December. New listings were 21% higher. With all the sales activity, active listings declined 17% taking the months of inventory down to 3.4 months.
Sales: 126
Average Sales Price: $516,852
Median Sales Price: $472,000
Pending Sales: 105
New Listings: 91
Active Listings: 358
Months of Inventory: 3.4
Information provided by The Real Estate Center
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