Hi there, everyone! Welcome back to another market update. I’m Marie Walton, a REALTOR® with Ebby Halliday, REALTORS, and today I have some exciting news to share with all you buyers and sellers out there in Bent Tree, Dallas, Texas.

As of September 2023, we’ve seen some fascinating trends in the local real estate market, and I’m thrilled to break them down for you. So let’s jump right in!

Currently, we have a total of 3.55 Months Supply of Inventory in Bent Tree. Over the past 12 months, this number has decreased by a remarkable 8.03%. This means that the market is leaning towards a seller’s market, where demand is high, and supply is limited.

Now, let’s talk about the List to Sold Price percentage, which is an essential indicator of how close the final selling price is to the initial listing price. In Bent Tree, we have seen a fantastic 96.9% List to Sold Price percentage. This means that, on average, sellers are achieving a significant percentage of their desired price.

Another crucial aspect to consider is the median days on market, which refers to the average number of days a property stays listed before it’s sold. In Bent Tree, we’ve seen a median of just 54 days on the market. This indicates a relatively quick turnaround time for sellers, which can be great news for those looking to make a move.

And finally, let’s talk about the median sold price in Bent Tree. As of September 2023, the median sold price stands at an impressive $860,115. This price point reflects the middle value of all the homes sold in the area, giving you an idea of the market’s overall performance.

Now, I know you might be wondering how these numbers translate into real-life scenarios for buyers and sellers. Well, in a seller’s market like this, it’s essential to work with a knowledgeable REALTOR® who can help you navigate the competitive landscape, negotiate effectively, and make informed decisions.

Whether you’re considering selling your home or looking to buy in Bent Tree, now is a great time to reach out to me at Ebby Halliday, REALTORS. I have the expertise and resources to guide you through the process and ensure you achieve your real estate goals.

Thank you for joining me today, and remember, when it comes to the Bent Tree real estate market, knowledge is power. Stay tuned for more updates, tips, and insights. Until next time, take care!