Carrollton/Farmers Branch Residential Sales Report for February
No slow down in sales here!
Sales were up 21% in February as compared to the same time last year. The average sales price increased 14% while the median sales price rose 15%. Pending sales did not reflect any possible drop for next months with the penning sales number coming in at a plus 17%. There was a slight increase of 4% in the number of new listings and the active listing also increased by 2%. The months of inventory now stands at 1.2 months. Not a great supply to chose from.
Sales: 268
Average Sales Price: $395,021
Median Sales Price: $336,000
Pending Sales: 323
New Listings: 323
Active Listings: 358
Months of Inventory: 1.2
Information provided by The Real Estate Center
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