Sales were up 41% in November. The average sales price increased by 2% and the median sales price increased by 7%. The number of new listings increased sharply but the number of active listings continues to be very low. The months of inventory number is only 2.9 months.
With inventory levels this low, if you are a Buyer, you better have an agent who can get you in the best houses the day they come on the market!
Sales: 89
Average Sales Price: $190,913
Median Sales Price: $182,750
Pending Sales: 50
New Listings: 97
Active Listings: 238
Days on Market: 42
Months of Inventory: 2.9
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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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