Dallas Area Residential Sales Report for February – Carrollton/Farmers Branch

Dallas Area Residential Sales Report for February – Carrollton/Farmers Branch

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Don’t know what was going on in this area in February but home sales declined 22%. Ouch! Pending Sales were also down but only by 7%.

The average sales price came in up 5%. Median sales price eked out 1% gain.

If you are a buyer in this area you will have a problem finding that dream home.  New listings fell 10% and active listings declined 31%. The months of inventory is now at 1.1 months. 6 months is considered a balance market.

Sales: 111

Average Sales Price: $345,713

Median Sales Price: $311,400

Pending Sales: 157

New Listings: 168

Active Listings:182

Months of Inventory: 1.1

Information provided by the Real Estate Center

#carrolltonhomes #FarmersBranchHomes #homesforsale

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