Inventories are at very low levels
Dallas Area Residential Sales Report for October – Celina TX
Sellers sure are not complaining about a 42% increase in home sales in October as compared to last October. Pending sales did even better rising 51%. The average sales price rose 9% while the median sales price increased 2%. Not good news for buyers was the 40% drop in new listings and the 65% decline in the number of new listings. The months of inventory now stands at 1.4 months.
Salas: 71
Average Sales Price: $414,391
Median Sales Price: $367,000
Pending Sales: 80
New Listings: 59
Active Listings: 87
Months of Inventory: 1.4
Information provided by The Real estate Center
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