Friday, January 23, 2015

Lake Highlands/North East Dallas Residential Sales Activity Report for December

Single-Family:

Sales in the Lake Highlands/Northeast Dallas area were up by 2% in December. The average sales price increased by 1% and the median sales price was up by 6%. Pending sales jumped 50%. The number of new listings was up by 52% but this was offset by sales leaving the number of active listings declined by 4%. The months of inventory continued to drop and now stands at 1.5 months.

Sales: 59
Average Sales Price: $319,262
Median Sales Price: $309,000
Pending Sales: 42
New Listings: 38
Active Listings: 95
Months of Inventory: 1.5

Information provided by The Real Estate Center at Texas A&M

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