Dallas Area Residential Sales Report for August -Condos and Townhomes

The Condo and Townhomes market remain good

Dallas Area Residential Sales Report for August -Condos and Townhomes

Condo and townhomes sales rose 13% in August as compared to last August. Pending sales jumped 27%. The average sales price came in up 11% while the median sales price increased 9%. Condo and townhome listings are declining just like single-family with new listings off 5% and active listings down a whopping 45%.

Sales: 678

Average Sales Price: $289,183

Median Sales Price: $250,500

Pending Sales: 760

New Listings: 936

Active Listings: 2,253

Months of Inventory: 4.3

Information provided by The Real Estate Center

#mariesellsdallas #condos #townhomes #Dallas

 

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