Dallas Residential Sales Report for June- Far North Dallas
The Far Norrth Dallas area Experienced a nice rebound in June with home sales up 17% compared to last June. Pending sale roe 11%. The average sales price fell 3% while the mediansales price was don by 3%. The real problem going forward in the inventory. New listing dropped 27% and the active listings fell by 50% taking taking the months of inventory down to 2.3 months.
Sales: 112
Average Sale Price: $524,624
Median Sales Price: $646,500
Pending Sales: 120
New Listings: 125
Active Listings: 185
Months of Inventory:2.3 months
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