Dallas Area Residential Sales Report for January – Far North Dallas

Dallas Area Residential Sales Report for January – Far North Dallas

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When you are looking at the Far north Dallas numbers you need to remember that sales were off in January 2019 due to high interest rates.

Sales climbed 29% in January. Pending sales rose 33%. The average sales price came in up 20% while the median sales price increased 18%.  Listings activity was not positive. New listings declined 15% and active listings fell 16%. this dropped the months of inventory down to 2.2 months. not good if you are a buyer.

Sales: 54

Average Sales Price: $479,798

Median Sales Price: $447,000

Pending Sales: 81

New Listings: 97

Active Listings: 186

Months of Inventory: 2.2

Information provided by The Real Estate Center

#FarNorthDallas #DallasRealtor #homesforsaleDallas

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