Hello everyone, and welcome back to our monthly market update! I’m Marie Walton, a REALTOR® with Ebby Halliday, REALTORS, and today I am thrilled to bring you the latest news and trends in the Sachse, Texas real estate market. Whether you’re a buyer or seller, this update is designed to keep you engaged and informed. So, let’s dive right in!

Let’s start by looking at the current supply of inventory in Sachse. As of June 2023, we have a very low 1.35 months supply of inventory. This means that if no new listings were to come on the market, it would take just over a month to sell all the existing homes. It’s definitely a seller’s market right now!

But what’s even more interesting is the trend we’ve seen over the past year. The Months Supply of Inventory has decreased by a staggering 41.56%! This means that compared to last year, there are significantly fewer homes available for sale. So, if you’re a seller, this is great news as it indicates a high demand for homes in Sachse.

Now, let’s talk about the List to Sold Price percentage. Currently, homes in Sachse are selling at an impressive 99.2% of their list price. This tells us that sellers are receiving very close to their asking price, which is fantastic news for anyone thinking of putting their home on the market.

If you’re wondering how long it takes for homes in Sachse to sell, the median days on market is 22. This means that, on average, it takes just under a month for a home to go under contract and find its new owner. It’s important to note that this number can vary depending on the condition, location, and pricing of the property, but overall, homes are selling relatively quickly in Sachse.

Finally, let’s talk about the median sold price in Sachse. As of June 2023, the median sold price stands at an impressive $432,380. This indicates a healthy and stable market, with prices holding steady and even showing some growth. So, if you’re a seller, it’s a great time to capitalize on the strong market conditions.

And that’s a wrap for our market update! I hope you found this information valuable and insightful. Whether you’re considering buying or selling in Sachse, Texas, remember that I’m here to help you navigate the market with expertise and professionalism. If you have any questions or would like more information, please don’t hesitate to reach out. As always, thank you for dropping in, and I’ll see you next time with more exciting updates!