Dallas area Residential Sales Report for January – Garland TX

Dallas area Residential Sales Report for January – Garland TX

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Home sales were good in Garland as compared to last January up 12%. The pending sales number also came in up 12%. Average sales price increased 7% as did the median sales price. Sort of a coincidence.  New listings declined 5%. Active listings fell 8% taking the months of inventory down to 1.6 months. Supply is short and buyers will have a hard time finding a home to purchase.

Sales: 129

Average Sales Price: $230,518

Median Sales Price: $213,750

Pending Sales: 175

New Listings: 191

Active Listings: 279

Months of Inventory: 1.6

 

#GarlandTX #GarlandRealtor #realestateGarland

 

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