Dallas Area Residential Sales Report for September – Far North Dallas

home sales came in flat ins September. Pending sales rose 10 %. That’s good news for October sales. The average sales price increased 18%. Median sales price climbed 20%. We saw a small 4% rise in the number of new listings, but that’s really not enough to help the supply side. Active listings were 46% lower than last September an the months of inventory fell to 0.9 months. 6 months is considered a balanced market.

Sales: 115

Average Sales Price: $614,165

Median Sales Price: $ 560,000

Pending Sales: 111

New Listings: 117

Active Listings: 98

Months of Inventory: 0.9 months

Information provided by The Texas Real Estate Center

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