Not much inventory left!
Dallas Area Residential Sales Report for November – Carrollton/Farmers Branch
Buyers continue to like the Carrollton, Farmers Branch area. Home sales rose 17% compared to last November. Pending sales did even better rising 24%. The average sales price increased 2% but the medina sales price was up 9%. Buyers were concentrating in the upper price ranges. New listings did increase by 12% but with all the sales it was not enough to keep the active listings from falling by 51% and the months of inventory declining to 0.7 months. This is one of the smallest supplies in the area.
Average Sales Price: $353,054
Median Sales Price: $321,500
Pending Sales: 161
New Listings: 133
Active Listings: 111
Months of Inventory: 0.7
Information Provided by The Real Estate Center
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