Lake Highlands/NE Dallas Residential Sales Report for March
Sales in this area fell 14% in March. The average sales price rose 12% and the median sales price climbed 11%. Pending sales showed a positive gain of 1%. The number of new listings took a nice jump up of 25% and the number of active listings increased by 18%. These increases caused the months of inventory to rise to 1.9 months. This is still well short of the 6 months that is considered a balanced market.
Sales: 73
Average Sales price: $408,828
Median Sales Price: $399,750
Pending Sales: 82
New Listings: 105
Active Listings: 119
Months of Inventory: 1.9
Information provided by The Real Estate Center
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