In he past these reports have used year over year comparisons, however a year over year comparison no longer gives you an accurate view of what’s happening in he todays market. I have therefor changed to a current month vs. previous month report.
Sales were down 24.4% compared to October. Pending sale declined 5%. The median sales price dropped 5.29% while the average sales price came in with a 3.94% fall. The ratio of sales price to original list was 1.14% lower. New listings fell 11.5% and active listings were of by 11.5%. days on market jumped up 36.6% While the months of inventory fell 7.7%. Supply is very low in Carrollton.
Sales: 68
Pending Sales: 57
Median Sales Price: $409,500
Average Sales Price: $449,534
Ratio of Sales Price to Original List: 95%
New Listings: 68
Active Listings: 115
Days on Market: 41
Months of Inventory: 1.2