Wednesday, December 20, 2017

Dallas Area Residential Sales Report for November - Plano TX

Dallas Area Residential Sales Report for November - Plano TX

Home sales just keep going in Plano. In November sales were up 10% over last November. The average sales price increased 20% while the median sales price rose 6%. The pending sales number fell 11%. Normally this would indicate that sales would be off in December, but in this market we'll have to wait and see. The number of new listings dropped 10% while the active listings rose 12%. The months of inventory is now at 1.7 months. We are still very much in a seller's market.

Sales: 279
Average Sales Price: $427,086
Median Sales Price: $355,000
Pending Sales: 244
New Listings: 270
Active Listings: 523
Months of Inventory: 1.7

Information provided by The Real Estate Center.

No comments:

Post a Comment

Renters are looking to leave New York, Chicago for Dallas.

Renters are looking to leave New York, Chicago for Dallas. Start spreading the news. They’re leaving today…for North Texas