In this week's report, the number of homes sold in the Red Oak market fell to 30 over the past 30 days, a decrease of 11.8% from last week's report, but still above the monthly average. On the other hand, close-by Dallas registered 917 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $186,450, extending a four-week long spiral. With only one month of inventory to sell, Red Oak is still a definite seller's market, even after taking into consideration the falling prices.
If you have a tight budget for your next home, begin the search with these low-cost listings in Red Oak:
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