Dallas Area Residential Sales Report for August – Garland, TX

Dallas Area Residential Sales Report for August – Garland, TX

Garland is a popular area for first time Buyers

Garland bucked the trend with home sales up 2%. However pending sales declined by 24%. The average sales price came in with a 15% increase as did the median sales price. The number of new listings declined by 10% compared to last August. Active listings were off by 18% and the months of inventory fell to 0.7 months. 6 months is considered a balance market.

Sales: 214

Average Sales Price: $285,006

Median sales Price: $267,000

Pending Sales: 219

New Listings: 203

Active Listings: 129

Months of Inventory: 0.7 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.