Dallas Area Residential Sales Report for June – Carrollton

Hi there, everyone! Marie Walton here, your trusted REALTOR® from Ebby Halliday, REALTORS. Today, I am thrilled to bring you the latest market update for Carrollton, Texas in June 2023. Whether you’re a buyer or a seller, this update is tailored just for you. So, let’s dive right in!

First up, let’s talk about inventory. Currently, we have 1.83 months supply of inventory in Carrollton. Now, what does that mean? Well, it indicates how long it would take for all the homes on the market to be sold, assuming no new listings are added. And guess what? Over the past 12 months, we’ve seen a decrease of 9.85% in the months supply of inventory. That’s great news for sellers as it suggests a more competitive market.

Now, let’s shift our focus to the list to sold price percentage. This is a key metric for sellers to pay attention to. Currently, we’re looking at a healthy 101% list to sold price percentage in Carrollton. What does that mean for you as a seller? Well, it indicates that homes are selling above their list price on average. So, if you’re thinking about selling, now might be a fantastic time to maximize your return on investment.

Moving on, let’s discuss the median days on market. In Carrollton, homes are spending an average of just 19 days on the market before being sold. That’s pretty impressive, isn’t it? This tells us that the demand for homes in our beautiful city is strong, and buyers are acting quickly to secure their dream homes. So, if you’re in the market to buy, you’ll want to stay proactive and work with a REALTOR® who can help you navigate through the fast-paced market.

And finally, let’s talk about the median sold price. Currently, the median sold price in Carrollton stands at $480,101. This figure represents the middle point of all the sold prices in the area. It’s important to note that this is not the highest or lowest price, but rather a helpful benchmark for both buyers and sellers to understand the market’s overall value.

That wraps up our market update for Carrollton, Texas in June 2023. Remember, these numbers are just a snapshot of the current market conditions, and as always, it’s crucial to consult with a REALTOR® who can provide personalized advice based on your specific needs.

Thank you for joining me today. If you have any questions or are ready to make your move in the Carrollton real estate market, don’t hesitate to reach out. I’m here to help you every step of the way. Until next time, take care and happy house hunting!