Dallas Area Residential Sales Report for April – Prosper TX

Prosper was bucking the trend in April with home sales rising 26%. Pending sales did not follow and were down by 18%. The average sales price climbed 8% while the median sales price showed a 1% increase. New listings fell 16%. Active listings dropped 8%. The months of inventory is now at 3.9 months.
Sales: 126
Average Sales Price: $504,268
Median Sales Price: $451,720
Pending Sales: 118
New Listings: 148
Active Listings: 450
Months of Inventory: 3.9
