Carrollton/Farmers Branch Residential Sales Report for June
Sales were up a whopping 28% as compared to June of last year. The average sales price rose 13% while the median sales price jumped 15%.As with everywhere else the sales are concentrated in the upper price ranges due to the extreme shortage of homes for sale under $200,000. Pending sales increases 8%. The number of new listings climber 9% but with the large increase in sales, the active listings fell 6%. The months of inventory dropped to 1.1 months making it even more difficult for buyers to fins a home to purchase.
Sales: 216
Average Sales Price: $328,765
Median Sales Price: $296,000
Pending Sales: 200
New Listings: 238
Active Listings: 189
Months of Inventory: 1.1
Information provided by The Real Estate Center
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