Dallas Area Residential Sales Report for April – Far North Dallas
April saw a 23% decline in home sales versus last April. Pending sales fell 48%. The average sales price increased 5% but the median sales price fell 5%. That’s just some gyration in the makeup of the sales. New listings dropped 51% and active listings fell 36%. The months of inventory is now at 2.4 months.
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 firstname.lastname@example.org and lets get started finding that dream home.
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