Dallas Area Residential Sales Report for Junec – Carrollton/Farmerd Branch

Sale were Flat in June. Pending Sales however were were up 30% compared to last June. The average sales price 3% while the median sales price rose 3%. The real problem going forward is the inventory. New listings dropped 13% but the active listings decline 34% taking the months of inventory down to 2.3 month.

Sales: 197

Pending Sales: 224

Average Sales Price: $352,511

Median Sales Price: $310.000

New Listings: 317

Active Listing: 290

Months of Inventory: 2.3

Information provided by The Real Estate Center