Dallas Area Residential Sales Report for May - Carrollton/Farmers Branch
Sales were up 4% in the Carrollton/Farmers Branch area in May as compared to last May. The average sales price fell 5% while the median sales price rose 1%. Pending sales jumped 16% so it looks like June will be a positive sales month. The number of new listings increased 1%. Active listings declined 2%. Not any help if you are a buyer! The months of inventory fell to 1.8 months.
Sales: 196
Average Sales Price: $336,340
Median Sales Price: #315,000
Pending Sales: 222
New Listings: 275
Active Listings: 281
Months of Inventory: 1.8
Information provided by The Real Estate Center
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