Sales were up sharply in June in Richardson
By Marie Walton, ABR, CRS, GRI, SRES
(Ebby Halliday, REALTORS)
Yes! Yes! I know! Sales are terrible and we are over run with foreclosures or at least that what you hear on TV and read in the papers. Well here is the truth! June saw a 26% increase in sales in the Richardson market. This increase was accompanied by a 4% increase in the average sales price and an 8% increase in the median sales price. Pending sales increased by 21%. While the number of new listing dropped by 2% and the number of active listings declined by 35%. This decline in the number of active listings along with the sharp increase of sales left the Richardson market with only a 3.2 month supply of homes on the market. This is an extremely low number! Listing Agents are reporting that they are receiving multiple offers on the best properties as soon as they come on the market and...
Comments
0