Friday, October 24, 2008

Townhomes Market Update for 75001 ZIP code - September

According the last trends for ZIP code 75001 Townhomes/Condo market has declined sharply in September. Inventory on the market has slightly increased but sales has decreased drastically as much as pended transactions. Months of inventory on the market based on closed sales are 16.5, the highest for 15 months.

Inventory on the market - 33

Sold - 2

Pended - 2

Months of Inventory on the Market - 16.5

Avg. Active Price - $249,000

Avg. Sold Price - $246,000

Avg. CDOM - $229,000

Median Price - $246,000






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