Dallas Area Residential Sales Report for April – Condos and Townhomes

April 2020 was the first full month of the lock down so the comparisons are a bit schewed.

Buyers saw good deals available

Condo and townhome sales jumped through the roof up 125% compared to last April. Pending sales rose 10%. The average sales price climber 28% while the median sales price rose 18%. New listings increased by 17% but active listings declined by 48%. The months of inventory now stands at 1.6 months.

Sales: 925

Average Sales Price: $409,737

Median sales Price: $325,000

Pending Sales: 945

N w Listings: 991

Active listings: 1,117

Months of Inventory: 1.6 months

Information provided by the Texas Real Estate Center

Dallas

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