Dallas Area Residential Sales Report for April

Dallas Area Residential Sales Report for April


Well the April sales numbers are in and they aren’t as bad as other parts of the country. Home sales fell 17% in April as compared to last April. Pending sales declined 22%. The average sales price was flat while the median sales price increased 5%. As expected new listings dropped 26% taking the number of active listings down 13%. The months of inventory now stands at 2.7 months.

Sales under $200,000 continue to be down by double digits. The supply is so small and declining every month. There is just not much for a buyer to choose from.

Sales in the $200,000 to #400,000 range remain the hot spot in the market making up over 57% of the market. There is less than a 3 months supply.

We did see an increase in the homes price in the $400,000 to $499,999 range.

Sales in the over million dollar range saw a small decline and are in a buyers market.

Buyers are in the market. Showing during the May 1 to May 9th time period are up 1.9% compared to 2019 and represent an increase of 71.3% since early April.

Inventory is in short supply and buyers will have a hard time finding that dream home. You are going to need an agent that can get you in the best properties as they come on the market. Give me a call at 972-816-5197 or email me at mariewalton@ebby.com and lets get started finding that dream home.

#farnorthdallas #realestatedallas #homesforsaledallas

Sales: 7,995

Average Sales Price: $322,136

Median Sales Price: $278,650

New Listings: 10,511

Active Listings: 20,881

Pending Sales: 8,991

Months of Inventory: 2.7

Information provided by The Real Estate Center

#DallasTX #RealEstateDallas #HomesForSaleDallas


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