Single-Family:
Sales in Garland were up 5% in May. The average sales price rose 19% and the median sales price was also up 19%. As in other areas the sales were concentrated in the upper price ranges.
Pending sales climbed 7%. The number of new listings fell by 21% and the active listings took a sharp drop of 41%. The months of inventory now stands at 1 month. Just as hard to find a home to purchase in Garland as in most other areas.
Sales: 184
Average Sales Price: $170,488
Median Sales Price: $ 155,000
Pending Sales: 180
New Listings: 195
Active Listings: 164
Months of Inventory: 1
Information provided By The Real Estate Center at Texas A&M.
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