Lake Highlands/NE Dallas Residential Sales Report for September
Sales were up sharply
September saw a jump of 53% in the sales of homes in the Lake Highlands/NE Dallas area. The average sales price increased 5% while the median sales price climbed 2%. Pending sales came in with a rise of 11%. There was a 10% increase in the number of new listings and the active listings rose 4%. The months of inventory now stands at 2.4 months. With 6 months being a balanced market we are well over to the seller;s side of the equation.
Sales: 69
Average Sales Price: $394,671
Median Sales Price: $357,000
Pending Sales: 62
New Listings: 88
Active Listings: 154
Months of Inventory: 2.4
Information provided by The Real Estate Center
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