Hey there, folks! It’s Marie Walton, your go-to REALTOR® from Ebby Halliday, REALTORS, bringing you all the latest updates on the real estate market in beautiful Meadow Ridge – Harvest Run. So grab a seat, because today’s market update is going to be a game-changer for both buyers and sellers!

Alright, let’s dive right in. As of July 2023, we currently have a 2.84 months supply of inventory in this vibrant neighborhood. Now, what does that mean? Well, it indicates the number of months it would take to sell all the homes on the market if no new properties were listed. A lower supply of inventory often means a more competitive market, folks. So, sellers, this is great news for you!

But wait, there’s more! Over the last 12 months, the Months Supply of Inventory has seen a significant increase of 48.69%. Now, I know that might sound intimidating, but hear me out. This rise in inventory actually presents a fantastic opportunity for buyers to find their dream homes in this sought-after community. So, buyers, listen up!

Now, let’s talk numbers! The List to Sold Price percentage here in Meadow Ridge – Harvest Run is an impressive 101.7%. That means, on average, homes are selling above the listing price. Sellers, you’ve hit the jackpot! It’s a seller’s market, and with the right strategy, you can maximize your return on investment.

And let’s not forget about the speed at which homes are flying off the market. The median days on market is just 13. Yes, you heard that right! It’s a blink-and-you-miss-it situation, folks. So, buyers, if you’ve been hesitating, now is the time to act fast and secure your slice of heaven in Meadow Ridge – Harvest Run.

Lastly, let’s talk about the median sold price. Currently, it stands at a healthy $416,000. Now, this not only reflects the value of the homes in this community but also highlights the immense potential for sellers to make a solid profit. And buyers, don’t fret! With the right guidance, you can find a home that fits your budget and fulfills your dreams.

So, whether you’re a buyer or a seller, Meadow Ridge – Harvest Run is the place to be right now. With a growing supply of inventory, increasing list to sold price percentages, lightning-fast sales, and a strong median sold price, this market is on fire!

If you’re ready to make a move or have any questions about buying or selling in Meadow Ridge – Harvest Run, I’m here to help. As your trusted REALTOR® at Ebby Halliday, REALTORS, I have the expertise and dedication to guide you every step of the way.

Thanks for dropping for to this market update. Remember, whether you’re looking to buy or sell, don’t settle for anything less than exceptional service. Call me, Marie Walton, and let’s make your real estate dreams a reality. Stay tuned for more updates, and