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Dallas Area Residential Sales Report for September – Far North Dallas

Home sales rose 25% higher than last September. Pending sales climber 29%. The average sales price came in with a 3% increase while the median sales price was flat. Active listings saw a 9% increase but this was not enough to keep up with the sales so the number of active listings fell 425 Taking the months of inventory down to 2 months. 6 months is considered a balanced market.

Sales: 120

Average Sales Price: $522,135

Median Sales Price: $465,000

Pending Sales: 101

New Listings: 113

Active Listings: 181

Months of Inventory: 2

Information provided by The Real Estate Center

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