Contracts Bottom in Garland Real Estate Market

Over the last 30 days, 163 homes went under contract in the Garland market, the lowest amount since January. As the market appears to be approaching a bottom, there were 173 homes sold over the same period. In comparison, Dallas had 714 contracts executed in the same time frame, the most of all nearby cities. Prices are rising in Garland, and the median sales price this period increased from $175,000 to $179,900. There are only two months of inventory available in Garland, so it's still strong seller's market, even with the shrinking contracts numbers.

If you're looking for a home with a large living area, then be sure to see these listings that provides more space than any other in Garland:

$750K   $1.2M   $389K  

Get started right now by checking out Garland homes for sale or reviewing Garland real estate trends.

Demographic facts for Garland:

  • This area has a median house value of $85,800.
  • The area gets 73 rainy days a year. (U.S. average: 100)
  • This area has an unemployment rate of 8.0%.
  • There are 15.9 students for every teacher. (15.3 = national average)

Data reported through 10/19/2016

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