Carrollton/Farmers Branch TX Home Sales for August
Sales were up in August
Sales in august as compared to last august were up 12%. The average sales price increased 13% while the median sales price rose 9%. A little troubling was the 21% drop in pending sales. This does not bode well for September sales. The number of new listings declined 1% and the active listings fell 10%. This is not good news for buyers. The months of inventory is now at 1.2 months. It's a seller's market.
Sales: 199
Average Sales Price: $311,595
Median Sales Price: $272,000
Pending Sales: 171
New Listings: 210
Active Listings: 203
Months of Inventory: 1.2
Information provided by The Real Estate Center
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