Dallas Area Residential Sales Report for November – Carrollton/Farmers Branch

Dallas Area Residential Sales Report for November – Carrollton/Farmers Branch

Prices continue to rise. Inventory continues to fall.

cce

Home sales rose 6% in November as compared to last November. Pending sales fell 7%. Sales prices continue to climb with the average sales price up 20% and the median sales price rising  17%. New listings were only off by 2% but active listings declined 49% taking the months of inventory down to 0.4 months. We are a long way for a balanced market of 6 months supply.

Sales: 154

Average Sales Price: $426,635

Median Sales Price: $383,500

Pending Sales: 150

New Listings: 130

Active Listings: 57

Months Of Inventory: 0.4 months

Information provided by The Texas Real Estate Center

 

#mariesellsdallas #RealEstateCarrollton #rmersBranch

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