Dallas Area Residential Sales Report for November - Carrollton/Farmers Branch
Carrollton/Farmers Branch was one of the areas that saw a drop off in Sales in November. SAles fell 8%. The average sales price increased 14% while the median sales price came in with a 5% gain. Pending sales, which are a predictor of future sales, fell 11%. Looks like December may be a down months. The number of new listings fell off a cliff down 21% while the active listings came in down 12%. This brought the months of inventory down to 1 month. Not great news if you are a buyer.
Sales: 159
Average Sales Price: $317,648
Median Sales Price: $272,500
Pending Sales: 146
New Listings: 127
Active Listings: 152
Months of Inventory: 1
Information provided by The Real Estate Center
No comments:
Post a Comment