Dallas Area Residential Sales Report for June - Richardson TX
Prairie Creek Park
Richardson continues to be an area of high demand from buyers. SAles were up 8% in june as compared to last June. The average sales price increased 17% while the median sales price rose 19%.
Pending sales did decline 4%. We will have to wait and see what this means. The number of new listings increased 13%. Active listings jumped 45%. However, the months of inventory only increased to 1.9 months. this is well short of the 6 months considered a balanced market.
Sales: 122
Average Sales Price: $343,630
Median Sales Price: $319,950
Pending Sales: 114
New Listings: 169
Active Listings: 180
Months of Inventory: 1.9
Information provided by the Real Estate Center
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