Carrollton/Farmers Branch Residential Sales Report for September
Sales were off
As in other northern suburbs sales in the Carrollton/Farmers Branch area were down in September. Off 19%. The average sales price was flat but the median sales price increased 7%. Pending sales also took a nose dive down 16%. Looks like October sales will probably be down. The number of new listings declined 8% while the active listings rose 1%. The months of inventory now stands at 1.3 months. This is a very short supply and buyers are in a real bind trying to find a home.
Sales: 166
Average Sales Price: $288,600
Median Sales Price: $260,000
Pending Sales: 150
New Listings: 177
Active Listings: 215
Months of Inventory: 1.3
Information provided by The Real Estate Center
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