After being down last months sales in the Far North Dallas area took a sharp jump up. compared to last September sales were up 23%. The average sales price increased by 3% while the median sales price shot up by 20% indicating more sales in the higher price ranges.
Pending sales were up by 50% indicating a substantial increase in the October sales. There was also a large increase in new listings, up 41% and while this helps, the number of active listings is still down by 7% compared to this time last year. The number of months of inventory stands at a very low of 2.4 months.
Sales: 114
Average Sales Price: $388,461
Median Sales Price: $349,000
Pending Sales: 96
New Listings: 134
Active listings: 243
Months of Inventory: 2.4
No comments:
Post a Comment