Dallas Area Residential Sales Report for November - Richardson TX
Sales were down a slight 3% in Richardson in November as compared to last year at this time. The average sales price climber 19% while the median sales price rose 15%. Pending sales were also down by 5%. The number of new listings jumped up 26% and the active listings shot up 46%. While these numbers sound good if you are a buyer, they just reflect how low inventories were last November. The current months of inventory is 1.3 months. Not much help on the buy side.
Sales: 92
Average Sales Price: $329,353
Median Sales Price: $297,500
Pending Sales: 77
New Listings: 98
Active Listings: 126
Months of Inventory: 1.3
Information provided by The Real Estate Center
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