Good morning, everyone! I’m Marie Walton, a REALTOR® with Ebby Halliday, REALTORS, and today I’m excited to bring you a market update for Meadow Ridge – Harvest Run in Carrollton, TX. It’s August 2023, and there’s plenty of interesting information to share with both our buyers and sellers in this vibrant community.

Let’s dive right in. Currently, we have a 1.46 Months Supply of Inventory in Meadow Ridge – Harvest Run. This means that if no new homes were listed, it would take approximately 1.46 months to sell all the existing inventory. It’s worth noting that over the last 12 months, the Months Supply of Inventory has increased by 21.67%. This indicates that while the market remains robust, there may be more options available for buyers to choose from.

Now, let’s talk about List to Sold Price percentage. In this neighborhood, the List to Sold Price percentage is an impressive 99.5%. What does this mean for you as a seller? It means that, on average, homes are selling very close to their listing price. This can give you confidence in the value of your property and the strength of the market.

Moving on to the median days on market, we’re seeing a figure of 44 days. This means that, on average, homes are selling within 44 days of being listed. For buyers, this highlights the importance of acting swiftly when you find a property you love. For sellers, it’s a positive sign that the demand for homes in Meadow Ridge – Harvest Run remains steady.

Now, let’s talk numbers. The median sold price in this community is currently $400,000. This figure represents the midpoint of all homes sold in the past year. It’s essential to note that pricing can vary depending on factors such as location, size, and condition. As a REALTOR®, I can help you navigate these intricacies and ensure you make informed decisions.

Whether you’re looking to buy or sell in Meadow Ridge – Harvest Run, it’s crucial to stay informed about the market conditions. As your trusted REALTOR®, I’m here to guide you every step of the way. Feel free to reach out to me directly at Ebby Halliday, REALTORS for personalized assistance tailored to your real estate needs.

Thank you for joining me today for this market update. Remember, knowledge is power in the world of real estate, and together, we can achieve your goals. Stay tuned for more insightful updates, and I look forward to working with you soon. Have a fantastic day!