Garland has the lowest inventory of any city in North Texas.
Single-Family:
Sales were up 8% as compared to a year ago. The average sales price rose 15% while the median sales price jumped 13%. Pending sales climbed 11%. The number of new listings increased by 5% but the active listings fell 37%. The months of inventory is at the unheard of number of 0.6 months. To say houses go quickly in Garland is an understatement.
Sales: 192
Average Sales Price: $192,978
Median Sales Price: $175,000
Pending Sales: 199
New Listings: 204
Active Listings: 103
Months of Inventory: 0.6
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