Dallas Area Residential Sales Report for October – Far North Dallas
Far North Dallas bucked the tend with positive sales.
home sales rose 16 in Far North Dallas in October. Pending sales were also positive up 2% The average sales price jumped 32% while the median sales price increased 28%. New listings did not help supply off by 22%. The number of active listings decline 56% taking the months of inventory down to 0.7 months. 6 months is considered a balanced market.
Average Sales Price: $645,529
Median Sales Price: $569,500
Pending Sales: 103
Active Listings: 79
Months of Inventory: 0.7 months
Information provided by The Texas Real Estate Center
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