It's a Seller's Market!
Single-Family:
Sales jumped up 22% in March as compared to a year ago. The average sales price rose 18% while the median sales price climber by 12%. Sales continue to be concentrated in the upper price ranges. Homes for sale under $200,000 are rare. Pending sales increased by 18%. The number of new listing show a slight increase of 2% while the active listings were up by 9%. The months of inventory now stands at 0.9 months. Carrollton/Farmers Branch as one of the lowest supplies of homes for sales in the area.
Sales: 169
Average Sales Price: $313,188
Median sales Price: $262,750
Pending Sales: 174
New Listings: 195
Active Listings: 146
Months of Inventory: 0.9
Information provided by The Real Estate Center at Texas A&M.
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