Dallas Area Residential Sales Report for November – Dallas Condcos

Supply is tight but prices and sales continue to fall.

Sales fell 10.6% in November compare to October. Pending sales did come in with a 3.6% increase. The median sales price dropped 20.8% and the average sales price declined 9.9%. The ratio of sales price to original list was 95.8%. New listings retreated by 19% and active listings were off by 0.8%. Days on Market jumped by 91.3. Months of inventory was flat.

Sales: 119

Pending Sales: 114

Median Sales Price: $217,950

Average Sales Price: $315.704

Ratio of Sales Price to Original List: 95.8%

New Listings: 175

Active Listings: 354

Days on Market: 44

Months of Inventory: 1.6 months

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.