December Sales Activity Report for Richardson TX

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

1 comment • Marie Walton, ABR, CRS, GRI, SRES • January 16 2010 03:09PM

December Sales Activity Report for Far North Dallas

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

0 comments • Marie Walton, ABR, CRS, GRI, SRES • January 10 2010 05:13PM

December Sales Activity Report for North Dallas South of LBJ

North of Northwest Hwy and South of LBJ.

Percentage wise sales were up 54% in December but this number was coming off an extremely terrible December of 2008. The actual number of sales was 43. The average Sales price declined by 39% and the median sales price was down by 37%. These numbers  do not represent an overall decline in sales price but reflect the fact the homes in the upper price ranges continue to not sell. The number of new listings continues to decline along with the number of active listings but we still have a 12.8 months supply on the market.

Sales: 43

Average Sales Price: $651,416

Median Sales Price: $499,900

Pending Sales: 17

New Listings: 43

Active Listings: 486

Months of inventory: 12.8

North of LBJ

 

2 comments • Marie Walton, ABR, CRS, GRI, SRES • January 08 2010 04:11PM