Wednesday, August 27, 2008

Townhomes Market Update For ZIP Code 75001 - July

Inventory on the market - 39

Sold - 4

Pended - 5

Months of inventory on the market based on closed sales - 9.8

Avg. active price - $259,000

Avg. sold price - $150,000

Median price - $120,000

So according the last trend graph townhouse market is back down compare with the last month. The inventory has increased 11.3% June while sales drooped 307%. 9.8 months of inventory on the market shows that we are in typical depreciating market.




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