Dallas Area Residential Sales Report for June – Garland, TX

Dallas Area Residential Sales Report for June – Garland, TX

Sale Prices continue to rise!

Sales of single family homes fell 7% compared to last year. Pending sales were off by 6% as buyers struggle with small inventories. The average sales price jumped 23% while the median sales price increased by 24%. Buyers are having to move up in price range to find that dream home. New listings dropped 2% and the active listings fell 49%. The months of inventory now stands at 0.6 months. 6 months is considered a balanced market.

Sales: 184

Average Sales Price: $301,314

Median Sales Price: 280,000

Pending Sales: 211

New Listings: 225

Active Listings: 111

Months of Inventory: 0.6 months

Information provided by The Texas Real Estate Center

#mariesellsdallas #RealEstateGarland #HomesForSaleGarland

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.