
Hi there, everyone! I’m Marie Walton, a REALTOR® with Ebby Halliday, REALTORS, and I’m here today to bring you an exciting market update for Firewheel in Garland, TX. So, whether you’re a buyer or seller, this video is tailored just for you!
As of June 2023, the Firewheel market is looking quite promising. But let’s dive deeper into the numbers to give you a clearer picture.
Currently, we have a 1.47 Months Supply of Inventory. That means, if no new homes were listed, it would take just over a month to sell all the existing homes on the market. And guess what? Over the last 12 months, the Months Supply of Inventory has actually decreased by 19.23%. This indicates a healthy level of demand in the area.
Another positive sign for sellers is the List to Sold Price percentage, which stands at an impressive 99.9%. This means that, on average, homes are being sold for almost the full list price. So, if you’re a seller, you can expect to get a great return on your investment in Firewheel
Now, let’s talk about the median days on market. Currently, homes in Firewheel are spending an average of 40 days on the market before getting sold. This indicates a relatively quick turnaround time, giving buyers and sellers a sense of urgency.
And finally, the moment you’ve been waiting for – the median sold price. In Firewheel, the median sold price is currently sitting at $482,500. This represents a solid value for homeowners in this beautiful community.
So, whether you’re considering buying or selling in Firewheel, now is an excellent time to make your move. The market is favorable, with a high list to sold price percentage, a relatively low number of days on market, and a healthy decrease in the months supply of inventory.
If you have any questions or if you’re ready to take the next step in your real estate journey, don’t hesitate to reach out to me. I’m here to help you navigate the Firewheel market and achieve your real estate goals. Thanks for dropping in, and I’ll see you soon!
