Sales were Up!
Single-Family:
Sales jumped up 22% in August as compared to the same to the same time last year. The average sale price increased 10% while the median sales price rose 16%. Sales continue to be concentrated in the upper price ranges due to the extreme shortage of properties under $200,000 that are available in the Garland area. Pending sales were up by 9% so it looks like we can anticipate that September sales will be positive. The number of new listings fell 11% and the active listings declined by 32%. The months of inventory dropped to 0.9 months. That's not the lowest number we have seen lately buy it is sure not a good number if you are a buyer.
Sales: 219
Average Sales Price: $192,428
Median Sales Price: $180,000
Pending Sales: 220
New Listings: 209
Active Listings: 161
Months of Inventory: 0.9
Information provided by The
No comments:
Post a Comment