After being up for the last 2 months sales fell by 20% in the month of December. The average sales price and the median sales price increased but this looks like it was due to some sales of higher priced homes. The number of Pending Sales decreased by 7%. New listings increased but the number of active listings continues to shrink. The months of inventory is at 2.9 months. This is a very low number and if you are a buyer you have very little on the market to choose from.
Sales: 52
Average Sales Price: $189,339
Median Sales Price: $171,000
Pending Sales: 42
New Listings: 82
Active Listings: 231
Days on Market: 59
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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