Far North Dallas Residential Sales Report for February
Sales fell 14% in February as compared to last year. I would not read anything into this number because pending sales were up 12% so it just looks like some gyration in the market. The average sales price climber 20% while the median sales price rose 5%. The number of new listings rose 5% but the active listings declined 15%. This dropped the months of inventory to 1.6 months.
Sales: 62
Average Sales Price: $470,196
Median Sales Price: $411,250
Pending Sales: 95
New Listings: 103
Active Listings: 146
Months of Inventory: 1.6
Information provided by The Real Estate Center
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