Sunday, August 24, 2008

Market update for Addison / Far North Dallas - Julay

According the last trend graphic the housing market in Addison / Far North Dallas area is slowing down consistently since December. The there has been more inventory coming on the market than inventory going off the market.

Inventory On The Market - 809

Sold Inventory - 131

Pended transactions - 108

Months Of Inventory On The Market Based On Closed Sales - 6.2

Avg. Sold Price - $114,000

Avg. Active Price - $260,000

Median Price - $238,000


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