Buyers were snapping up Prosper Homes.
Dallas Area Residential Sales Report for September – Prosper, TX
Home sales shot up 70% compared to last September and pending sales rose a whopping 61%! The average sales price increased 8% and the medina sales price rose 4%. The number of new listings could not keep up with the sales and decreased by 5%. The active listings fell by 63% taking the months of inventory to 1.1 months. This low level of supply will start to effect sales going forward as buyer start having a hard time finding that dream home.
Average Sales Price: $521,434
Median Sales Price: $482,550
Pending Sales: 169
New Listings: 125
Active Listings: 172
Months of Inventory: 1.1
Information provided by The Real Estate Center
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