Thursday, May 11, 2017

Far North Dallas Single-Family Sales Report for April

Far North Dallas Single-Family Sales Report for April

Sales were strong in April up 18%. The average sales price increased 2% and the median sales price was also up 2%.  Pending sales rose 4% The number of new listings fell 1% while the active listings rose 1%. This left the months of inventory at 2 months. The supply available to buyers remains very short of the 6 months considered a balanced market.

Sales: 112
Average sales price: $501,333
Median Sales Price: $435,000
Pending sales: 141
New Listings: 161
Active Listings: 191
Months of Inventory: 2

Information provided by The Real estate Center 

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Renters are looking to leave New York, Chicago for Dallas.

Renters are looking to leave New York, Chicago for Dallas. Start spreading the news. They’re leaving today…for North Texas