Hi there, everyone! It’s Marie Walton, your trusted REALTOR® from Ebby Halliday, REALTORS. I hope you’re all having a fantastic day. Today, I have some exciting news to share about the current real estate market in Far North Dallas, right here in beautiful Texas.

So, let’s dive right in, shall we? As of August 2023, we currently have a total of 2.63 months’ supply of inventory. Now, what does that mean for you as a buyer or seller? Well, it’s a clear indication that our market is still favoring sellers, but with some promising opportunities for buyers too.

Now, here’s where it gets interesting. Over the past 12 months, our months’ supply of inventory has seen a growth of 9.58%. What does that mean for you? Well, it means that the market is becoming slightly more balanced, giving buyers a chance to find their dream home while sellers can still enjoy a competitive edge.

Now, let’s talk numbers. The list to sold price percentage in Far North Dallas is an impressive 98.9%. This means that, on average, sellers are getting almost the entire asking price for their homes. So, if you’re thinking about selling, now might be the perfect time to make a move and get the most out of your investment.

Time is of the essence in the real estate market, and in Far North Dallas, the median days on market is just 28. Yes, you heard that right, only 28 days! This means that homes are selling relatively quickly, giving you a sense of urgency to act fast, whether you’re buying or selling.

And finally, let’s talk about the median sold price in Far North Dallas, which currently stands at a remarkable $600,000. Now, this is just a median, so there are plenty of options available at various price points. Whether you’re looking for a starter home or your forever haven, there’s something for everyone here.

So, there you have it, folks! That’s the latest market update for Far North Dallas. Whether you’re a buyer or seller, these numbers provide valuable insights into the current state of our real estate market. As always, if you have any questions or if you’re ready to make a move, don’t hesitate to reach out to me at Ebby Halliday, REALTORS. I’m here to help you every step of the way.

Thank you so much for dropping in, and remember, the key to a successful real estate journey is having a knowledgeable and dedicated REALTOR® by your side. Until next time, take care and happy house hunting!