Dallas Area Residential Sales Report for September - Carrollton/Farmers Branch

Dallas Area Residential Sales Report for September - Carrollton/Farmers Branch

Carrollton and Farmers Branch were one of the few areas with positive sales in September. Sales were up 3% as compared to last September. However, the pending sales declined 24%. October is not looking to be a plus. The average sales price rose 7% while the median sales price climbed 2%. New listings fell 13%. The active listings were up 22%. One has to remember that last September the number of active listings was very low. The months of inventory now stands at 2.8 months.

Sales: 273
Average Sales Price: $406,042
Median Sales Price: $347,000
Pending Sales: 220
New Listings: 312
Active Listings: 807
Months of Inventory: 2.8

Information provided by The Real Estate Center