Sales were up a very nice 29% in The Far North Dallas area in December. The average sales price rose 7% as compared to last December. The median sales price was flat. Pending sales declined 3%. would not read anythings into that. The number of new listings dropped 8% while the active listings fell 4%. The months of inventory is now at 1.6 months. With 6 months being a balanced market we are very tilted to the Sellers Side.
Sales: 89
Average Sales Price: $420,862
Median Sales Price: 369,950
Pending Sales: 59
New Listings: 57
Active Listings: 150
Months of Inventory: 1.6
Information provided by The Real Estate Center
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