Far North Dallas bucked the trend!
Dallas Area Residential Sales Report for June – Far North Dallas
Buyers were out in full force in June. Home sales rose 37% compared to last June. Pending sales increased 5%. The average Sales Price jumped 37% while the median sales price increased by 25%. There was a nice 10% increase in the number of new listings but with all the sales the active listings declined by 55%. The months of inventory now stands at 0.8 months. 6 months is considered a balanced market.
Average Sales Price: 697,701
Median Sales Price: $575.000
Pending sales: 126
New Listings: 137
Active Listings: 84
Months of Inventory: 0.8 months
Information provided by the Texas Real Estate Center
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