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

Buyers were scooping up home in December!!

Home sales fell by 4% but pending sales increased by 11%. The average sale price jumped 17% while the median sales price came in 16% higher than last December. We did see a nice 16% rise in the number of new listing, but with all the sales active listings came in down 36%. The months of inventory now stands at 0.4 months. 6 months is considered a balanced market. We are extremely tilted to the seller side.

Sales: 153

Average Sales Price: $583,950

Median Sales Price: $520,200

Pending Sales:126

New Listings: 99

Active Listings: 60

Months of Inventory: 0.4 months

Information provided by The Real Estate Center

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