Sales were down slightly but pending sales jumped!
Single-Family:
Sales were off by 4% as compared to a year ago but pending sales took a huge jump up 43%. Looks like some closings were pushed into February. With the large amount of pending sales we can safely say that February's sales will be good. The average sales price increased 6% and the median sales price rose 5%.
New listings climbed 9% but this only translated to a 1% increase the the number of active listings. The months of inventory now stands at 0.8 months. Nobody can call this market anything except a strong Seller's Market.
Sales: 93
Median Sales Price: $216,000Average Sales Price: $237,820
Pending Sales: 159
New Listings: 155
Active Listings: 125
Months of Inventory: 0.8
If you live in the Carrollton/Farmers Branch area and would like a personalized Comparative Market Analysis (CMA) on your home delivered to your email in just a few minutes, then click the link below to take advantage of this offer.
No comments:
Post a Comment