Far North Dallas Residential Sales Report for November
Sales Fell
There was a 16% decline in sales in Far North Dallas in November as compared to the same time last year. The average sales price fell 2% while the median sales price was flat. Pending sales also experienced a decline down 11%. Don't think we can read anything into these numbers at this time. The number of new listings dropped 7%. Active listings came in with a no change reading. The months of inventory now stands at 2.3 months. No help for buyers here.
Sales: 85
Average Sales Price: $480,111
Median Sales Price: $400,000
Pending Sales: 74
New Listings: 86
Active Listings: 211
Months of Inventory: 2.3
Information provided by The Real Estate Center
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