Dallas December Residential Sales Report for December – Plano, TX

This report compares December to November.

Single family home sales had a slight drop of 1.39%. Pending sales fell 6.8%.The medians sales price rose 5.98% while the average sales price increased 11.95%. The ratio of sales rice to original list price declined 1.25%. New listings continued to fall  off 34%. Active  listings took a 23.69% hit. Days on market climber 50%.Months of inventory declined 17.65%. Inventory levels are approaching all time lows and buyers just do not have much to choose from.

Sales: 142

Pending Sales: 96

Median Sales Price: $487,500

Average Sales Price: $599,421

Ratio of Sales Price to Original List: 94.7

New Listings: 116

Active Listings:277

Months of Inventory: 1.4

 

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