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
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