Dallas Area Residential sales Report for December – Plano, TX

Supply is VERY LOW!

Dallas Area Residential sales Report for December – Plano, TX

Single family home sales ran ahead of last December by 20%. Pending sales climbed 17%. The average sales price rose 14% while the median sales price increased 11%. Part of these increases is due to buyers moving up in the price ranges. Now the bad news if you are a buyer. While new listings saw a 18% jump, this could not keep up with all the sales so the number of new listings fell 68% and toke the months of inventory done to 0.5 months. It’s getting very difficulty for buyers to find that dream home.

Sales: 319

Average Sales Price: $477,838

Median Sales Price: $390,000

Pending Sales: 241

New Listings: 200

Active Listings: 154

Months of Inventory: 0.5

Information provided by The Real Estate Center

 

#mariesellsdallas #RealEstatePlano #HomesForSalesPlano

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.