Dallas Area Residential Sales Report for December - Prosper TX
Prosper is one of the few northers suburbs to have positive home sales numbers in December. Sales were up 14%. The average sales price rose 8% while the median sales price climbed 7%. Pending sales showed a nice 18% increase. The number of new listings fell 14% but the active listings rose 30% as compared to last December. The months of inventory now stands at 5.3 months. This is very close to the 6 months considered a balanced market.
Sales: 92
Average Sales Price: $507, 196
Median Sales Price: $475,000
Pending Sales: 58
New Listings: 75
Active Listings: 432
Months of Inventory: 5.3
Information provided by The Real Estate Center
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