Dallas Area Residential Sales Report for October - Richardson TX
Sales were flat in Richardson compared to last year. Pending sales told a different story down 13%. November is not looking good. The average sales price rose 4% while the median sales price jumped 9%. Had some higher than normal sales in the upper price ranges that pulled the median price up. The number of new listings increased 3%. Active listings climbed 29% as compared to last October. The months of now stands at 2 months. That's not much supply when you consider that 6 months is a balanced market.
Sales: 92
Average Sales Price: $315,074
Median Sales Price: $305,000
Pending Sales: 90
New Listings: 107
Active Listings: 189
Months of Inventory: 2
Information Provided by The Real Estate Center
No comments:
Post a Comment