Sales were down by 38% in Far North Dallas in April. The average sales price was up by 13% and the median sales price increased by 7% as sales continue to be concentrated in the upper price ranges above $500,000.
The number of new listings declined by 5% while the number of active listings increased by 6%. At current absorption rates there is a 9 month supply on the market.
The pending sales number declined by 38%.
Sales: 62
Average Sales Price: $339,949
Median Sales Price: $284,500
New Listings: 178
Active Listings: 575
Months of Inventory: 9
Pending Sales: 60
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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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