Dallas Area Residential Sales Report for November - Far North Dallas

Dallas Area Residential Sales Report for November - Far North Dallas

Sales in November were down 10% as compared to last November. However, pending sales came in up 11%. The average sales price rose 8% and the median sales price climbed 6%. There was a large increase of 22% in the new listings puling the active listings up 23%. Months of inventory increased to 3.1 months. This is still well short of the 6  months considered a balanced market.

Sales: 69
Average Sales Price: $516,251
Median Sales Price: $425,000
Pending Sales: 82
New Listings: 105
Active Listings: 259
Months of Inventory: 3.1

Information provided by The Real Estate Center