Richardson remains a popular place for buyers!
Dallas Area Residential Sales Report for October – Richardson, TX
Home sales were up 27% compared to last October. Pending sales rose 13%. The average sales price increased 4% while the median sales price was up 8%. New listings while up 10% were not enough to keep the number of active listings from falling 39% and dropping the months of inventory to 1.3 months. ^ months is considered a balanced market.
Sales: 103
Average Sales Price: $348,350
Median Sales Price: $332,500
Pending Sales: 114
New Listings: 139
Active Listings: 141
Months of Inventory: 1.3
Information provided by The Real Estate Center
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