Dallas Area Residential Sales Report for November - North Dallas

Dallas Area Residential Sales Report for November - North Dallas

Sales in north Dallas remained positive in November as as hi dollar buyers purchased homes, sales were up 6% while pending sales rose 12%. Looks like North Dallas will experience positive sales numbers for December. The average sales price  jumped 24%. The median sales price fell 13%. There was one sales for $18,000,000 that is screwing up these averages. New listings climbed 10%. Active listings declined 3%. The months of inventory is now at 5.1 months. Very close to a balanced market.

Sales: 53
Average Sales Price: $1,629,491
Median Sales Price: $1,019,000
Pending Sales: 56
New Listings: 68
Active Listings: 296
Months of Inventory: 5.1

Information provided by The Real Estate Center