Dallas Area Residential Sales Report for September - Lake Highlands/NE Dallas
Sales were pretty ugly in the Lake Highlands area in September. Down 28%!. Pending sales were even worse off 37%. New listings were also down 16%. Now for the positive numbers. The average sales price rose 11% and the median sales price increases 12%. Looks like what did sell was in the upper price ranges. Active listings showed a 10% rise but this is a comparison to last September when the number of listings were low. With the months of inventory at 2.8 months, buyers are still having a hard time finding a homes that fits their lifestyle.
Sales: 46
Average Sales Price: $440,237
Median Sales Price: $438,600
Pending Sales: 39
New Listings: 74
Active Listings: 169
Months of Inventory: 2.8
Information provided by The Real Estate Center
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