Thursday, July 13, 2017

Far North Dallas Residential Sales Report for June

Far North Dallas Residential Sales Report for June
Onward and Upward!

Sales were up a healthy 13% in Jun in this area. The average sales price rose 9% and the median sales price increased 8% as compared to last June. The pending sales number showed a decline of 5%. nothing to worry about. Just some monthly gyration. The new listings were up 12% and the active listings by 13%. while this certainly is a help to buyers, the months of inventory remains very low at 2.6 months. not a buyers market.

Sales: 93
Average Sales Price: $$521,426
Median Sales Price: $465,320
Pending Sales: 93
New Listings: 173
Active Listings: 243
Months of Inventory: 2.6

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