Dallas Area Residential Sales Report for March – Prosper, TX

We will not begin to see the effects of the CORVID-19 virus on the market until we get the April numbers.

We Prosper was humming in March. Home sale were up 21% and pending sales jumped 29%. The average sales price declined 3%. Median sales price was down 4%. Looks like some builders were doing some discounting. The number of new listings fell 6% while the active listings declined 16%. The months of inventory came in at 3.6 months.

Sales: 114

Average Sales Price: $498,893

Median Sales Price: $446,500

Pending Sales: 151

New Listings: 178

Active Listings: 411

Months of Inventory: 3.6

Information provided by The Real Estate Center

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