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.
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
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