Dallas Area Residential Sales Report for July – Prosper, TX
Prices up sharply. Sales Down.
Single-Family sales fell by 34% in July compared to last July. Pending sales were off 18%. Sales Prices continued to rise climbing 31% and median sales price rose 27%. New listings increased 13% but the active listings dropped by 72%. The months of inventory now stands at 0.6 months. Not much out there for buyers to look at.
Average Sales Price: $664,346
Median Sales Price: $595,000
Pending Sales: 171
New Listings: 184
Active Listings: 77
Months of inventory: 0.6
Information provided by The Texas Real Estate Center
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