Dallas Area Residential Sales Report for July -Celina, TX
No shortage of buyers in July. Home sales rose 67% compared to last July. Pending sales came in 46% higher so we can anticipate August having very positive sales. The average sales price fell 1% while the median sales price took a 5% hit. Not sure why these declines, Not typical.
There was a 18% increase in the number of new listings. However this was not enough to keep up with all the sales so the active listings declined by 52% taking the months of inventory down to 2.2 months.
Average Sales Price: $394,791
Median Sales Price: $365,000
Pending Sales: 86
New Listings: 98
Active Listings: 129
Months of Inventory: 2.2
Information provided by The Real Estate Center
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