North Dallas Residential Sales Report for November

North Dallas Residential Sales Report for November

Sales increased by 13% as compared to last November. The average sales price climbed 21% while the median sales price jumped up 33%. These increases were caused by over 50% of the sales being over $1,000,000. The average days on market increased 11%. remained flat at 79 Days. Pending Sales rose 9%. The number of new listings was up by 2% while the active listings rose 11%. The months of inventory now stands at 5 months. We are very close to a balanced market in the North Dallas area.

Sales: 53

Average Sales Price: $1,296,079

Median Sales Price: $1,167,500

Days on the Market: 79

Pending Sales: 50

New Listings: 62

Active Listings: 306

Information provided by The Real Estate Center