Wednesday, November 29, 2017

Garland TX Residential Sales Report for October

Garland TX Residential Sales Report for October
Garland sales were strong!

October was a good months for home sales in Garland. Sales were up 28%. The average sales price increased 13% as did the median sales price: Pending sales came in with a nice rise of 9%. New listings increased 11% while the active listings jumped 41% as compared to last October.  The months of inventory now stands at 1.3 months, Not a good number if you are a buyer.. We can safely say that Garland is firmly in a Seller's Market!

Sales:180
Average Sales Price: $207,988
Median Sales Price: $195,000
Pending Sales: 198
New Listings: 210
Active Listings: 231
Months of Inventory: 1.3

Information provided by The Real Estate Center

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