This report covers North Dallas North of LBJ.
Sales were off by 24% in December. the average sales price was up by 15% but this was due to the sale of 4 million dollar plus homes. The median sales price showed a decline of 10%. Pending sales were up 3% and we continue to see a decline in the number of active listing leaving us with a not bad 5.1 months of inventory. We will just have to wait and see if this decline continues on into January.
Sales: 54
Average Sales Price: $462,505
Median Sales Price: $269,000
Pending Sales: 40
New Listings: 82
Active listings: 362
Days on Market: 81
Months of Inventory: 5.1
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I'm a Dallas area native. I graduated from Richardson High School and Southern Methodist University. I have been a real estate broker since 1975 and with Ebby Halliday, Realtors since 1987.
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