Dallas Area Residential Sales Report for July - Richardson TX
Sales retreated in July down 7%. More troubling is the pending sales number. Pending sales fell 14%. Not good for a positive sales number in August. The average sales price did increase 7% while the median sales price jumped 12%. Some more inventory did come on the market with a 6% rise in new listings. The active listings climbed 55% but this only took the months of inventory to 2 months. with 6 months considered a balanced market Richardson is well over to the sellers side.
Sales: 100
Average Sales Price: $323,884
Median Sales Price: $305,000
Pending Sales: 102
New Listings: 145
Active Listings: 192
Months of Inventory: 2
Information provided by The Real Estate Center
#mariesellsdallas #RichardsonTX #realestate #homesforsale
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