Dallas Area Residential Sales Report for February – Richardson TX

Home sale in the Richardson area were up a strong 15% in February as compared to February 2019. The real story was the pending sales number. They climber 49%. March sales are shaping up to be a banner month! The average sales price did fall 6% while the median sales price declined 2%.  New listings saw a 18% increase but with all the sales and pending sales, the active listings were flat. Months of inventory dropped to 1.7 months. That’s going to make it harder for buyers to find that dream home.

If you are a buyer searching the internet for homes, I would recommend that you use the best search engine with the same MLS data that I use. You can find it at HomeSnap.com

Give it a try! I thing you will like it.

Sales: 82

Average Sales Price: $302,010

Median Sales Price: $294, 450

Pending Sales: 119

New Listings: 139

Active Listings: 168

Information provided by The Real Estate Center

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