Dallas Area Residential Sales Report - Far North Dallas
Home sales were flat in Far north Dallas in January. Pending sales were a different story down 30%. Not looking good for February. The average sales price took an 11% hit while the median sales price declined 12%. The number of new listings increased 18%. Active listings were up 31%. Even with the declining sales and increase in inventory the months of inventory remains low at 2.6 months. Buyers do not have much to choose from.
Sales: 43
Average Sales Price: $401,469
Median Sales Price: $375,000
Pending Sales: 61
New Listings: 114
Active Listings: 221
Months of Inventory: 2.6
Information provided by The Real Estate Center
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