Far North Dallas Residential Sales Report for September
Sales took a hit in September
Sales fell 14% in September as compared to last September. The average sales price jumped 14% while the median sales price increased 9%. Pending sales declined 12% so it looks like October sales will be down. The number of new listings rose 9% and the active listings were flat. The months of inventory now stands at 2.7 months. With 6 months considered a balanced market, We are still very much into a Seller's Market.
Sales: 80
Average Sales Price: $488,351
Median Sales Price: $408,000
Pending Sales: 84
New Listings: 143
Active Listings: 250
Months of Inventory: 2.7
Information provided by The Real Estate Center
Sales: 80
Average Sales Price: $488,351
Median Sales Price: $408,000
Pending Sales: 84
New Listings: 143
Active Listings: 250
Months of Inventory: 2.7
Information provided by The Real Estate Center
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