Dallas Area Residential Sales Report for March – Garland, TX

Home sales rose 6% compared to last March. However, pending sales fell 6%. Buyers are paying higher prices with the average sales price rising 10% and the median sales price up 15%. New listings declined 9% and active listings were down by 71%. There is just not much out there to choose from if you are a buyer with the months of inventory now at 0.4 months.

Sales: 183

Average Sales Price: $257,754

Median Sales Price: $250,000

Pending Sales: 187

New Listings: 185

Active Listings: 72

Months of Inventory: 0.4 months

Information provided by the Real Estate Center

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