Dallas Area Residential Sales Report for November – Richardson, TX

Prices rise as inventory shrinks.

Dallas Area Residential Sales Report for November – Richardson, TX

Richardson remains one of the most popular areas for home purchases as sales rise 31% in November as compared to last year. Pending sales took a 3% drop as buyers are just having a hard time finding that dream home. The average sales price rose 13% and the median sales price increased 12%. New listings were down 2% and active listings took a 32% hit. Months of inventory declined to 1.2 months.

Sales: 111

Average Sales Price: $364,329

Medina Sales Price: $340,000

Pending Sales: 95

New Listings: 93

Active Listings: 126

Months of Inventory: 1.2 months

 

#marieSellsdallas #RealEstateRichardson #HomesForSaleRichardson

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.