Dallas Area Residential Sales Report for January – Far North Dallas

Price rise. Inventory falls!

Dallas Area Residential Sales Report for January – Far North Dallas

Home buyers were hot after Far North Dallas homes in February with sales rising 47%. Pending sales came in with a 16% increase as compared to last January. The average sales price climber 9% while the median sales price rose 2%. New listings fell 2%. Active listings declined 60% taking the months of inventory down to 0.8 months.

Sales: 78

Average sales Price: $518,575

Median sales Price: $454,950

Pending Sales: 94

New Listings: 95

Active Listings: 74

Months of Inventory: 0.8 months

 

Information provided by The Real Estate Center

 

#mariesellsdallas #RealEstateDallas #HomesForSaleDallas

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