Sales were up in Far North Dallas by 10%. The average sales price did decline by 1% but the median sales price increased by 7%. Pending sales were up by 27% so the november sales number should be up substantially. The number of new listings climbed by 12% but the active listings was still down by 6%. The months of inventory stands at 2.2 months.
Condo and townhouse sales were down by 5% but the average sales price increased by 24% and the median sales price increased by 16%. Pending sales showed a 16% increase. The number of new listings increases by 19% but as has been typical for a long time now the number of active listings declined by 8%. The months of inventory sits at 1.7 months.
Rentals were up in Far North Dallas for October by 13%. The average price increased by 1% while the median price increased by 4%. The number of pending leases jumped by 47%. The new listings declined by 14% and the number of active listings dropped by 10%. The months of inventory stands at 1.7%.
Whether you are looking to buy a home, a condo, a townhouse or want to rent a property everything is in short supply.
Single Family:
Sales: 114
Average Sales Price: $418,659
Median Sales Price: $ 345,000
Pending Sales: 95
New Listings: 129
Active Listings: 226
Months of Inventory: 2.2
Condo and Townhouse:
Sales: 53
Average Sales Price: $159,924
Median Sales Price: $ 115,000
Pending Sales: 44
New Listings: 51
Active Listings: 76
Months of Inventory: 1.7
Rentals:
Leases: 54
Average Rent: $1,686
Median Rent: $1,730
Pending Leases: 28
New Listings: 62
Active Listings: 78
Months of Inventory: 1.7
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