Monday, November 13, 2017

Far North Dallas Residential Sales Report for October

Far North Dallas Residential Sales Report for October

After being down in September sales in Far north Dallas came roaring back in October and were up 22%. The average sales price rose 15% as compared to last October and the median sales price increased 10%. Pending sales were down 16%. They were down last month too but that didn't turn out to mean anything so I'm not sure what November will bring. The number of new listings fell 3% while the active listings were flat. The months of inventory took a small decline to 2.6 months.

Sales: 93
Average Sales Price: $490,021
Median Sales Price: $421,500
Pending Sales: 82
New Listings: 109
Active Listings: 242
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. Start spreading the news. They’re leaving today…for North Texas