Dallas Area Residential Sales Report for November – Richardson, TX

Prices up on very low supply.

Sales of single family homes were flat in November. However pending sales increased 13%. The average sales price rose 15%. The median sales price came in with 13% rise. New listings declined 13%. Active listings were 49% lower than last November. The months of inventory now stands at 0.6 months.

Sales: 107

Average Sales Price: $417,398

Median Sales Price: $385,000

Pending Sales: 107

New Listings: 82

Active Listings: 64

Months of Inventory: 0.6 Months

Information Provided by The Texas Real Estate Center

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