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 commentsMarie Walton, ABR, CRS, GRI, SRES • January 08 2010 04:11PM