Dallas Area Residential Sales Report for January – Richardson, TX

Inventory down. Prices up!

Dallas Area Residential Sales Report for January – Richardson, TX

Home sales fell 3% from last January’s level. However, pending sales were up 3%. The average sales Price increased 1% while the median sales price rose 7% as buyers had to go to the higher priced propertied to find that dream home. New listings continual to decline down 33%. Active listings were off 52% and the months of inventory dropped to 0.7 months.

Competition for homes is making it very difficult for buyers and their Realtors.

 

#information provided by The Real Estate Center

#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.