Dallas Area Residential Sales Report for May - Garland TX
Well buyers were out in full force in the Garland area in may. homes sales jumped 44% and pending sales rose 20%. the average sales price increased 1% while the median sales price climbed 2%. We saw a 5% rise in the number of new listings and the active listings were 35% higher than last May. The months of inventory remains very low at 1.7 months.
Sales: 233
Average Sales Price: $231,680
Median Sales Price: $219,900
Pending Sales: 223
New Listings: 252
Active Listings: 300
Months of Inventory: 1.7
Information provided by The Real Estate Center
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