Dallas Area Residential Sales Report for September – Plano, TX

Prices contonue to rise as sales fall.

Sales fell 22.9% in September as compared to last year. Pending sales declined by17.7%. The median sales price climber 18.9% while the average sales pti e rose 20.4%. The ratio sales price to original list came in at 96.8%. New listings fell 3.3%. Active listings climbed 46.4%. Months of inventory now stands at 1.8 months. Supply remains very short and buyers still do not have a lot of choices.

Sales : 216

Pending Sales: 168

Medina Sales Price: $535,000

Average sales Price: $629,710

New Listings: 264

Active Listings: 391

Months of Inventory: 1.8 months