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


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