Richardson TX Residential Sales Report for October
Sales were up sharply!
October saw a sharp rebound in Sales with a 24% increase as compared to last October. The average sales price rose 10% while the median sales price climbed 13%. Pending sales were up a modest 3%. The number of new listings fell 13% but the active listings were up 39%. while that looks like a lot more homes on the market, it only took the months of inventory to 1.5 months. A very short number if you are a buyer.
Sales: 97
Average Sales Price: $304,686
Median Sales Price: $279,500
Pending Sales: 103
New Listings: 104
Active Listings: 147
Months of Inventory: 1.5
Information provided by The Real Estate Center
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