Hey there, folks! Welcome back to my blog. I’m Marie Walton, your trusted REALTOR® from Ebby Halliday, REALTORS. Today, I have an exciting market update for all you buyers and sellers out there in Carrollton, Texas. So, let’s dive right into it!
Alright, let’s start with some important numbers. Currently, we have a 1.65 Months Supply of Inventory in our market. Now, what does that mean? Well, it indicates how long it would take for all the homes on the market to be sold, given the current rate of sales. And guess what? Over the last 12 months, we’ve seen a significant decrease of 20.67% in the Months Supply of Inventory. That’s great news for sellers, as it suggests a more competitive market!
Now, let’s talk about the List to Sold Price percentage. This is a crucial stat to understand if you’re planning to sell your home. Currently, we’re seeing a very impressive List to Sold Price percentage of 98.7%. What does that mean for you? It means that, on average, sellers are receiving 98.7% of their list price when they sell. So, if you’re a seller, this is definitely a positive trend to keep in mind!
Moving on, let’s discuss the Median days on market. This is the amount of time it takes for a property to go from being listed to being sold. And you’ll be pleased to know that our Median days on market in Carrollton is just 23 days. That’s right, folks, only 23 days! This indicates a fast-paced market where homes are selling quickly. So, if you’re a buyer, you’ll want to act fast when you find that dream home!
Lastly, let’s talk about the Median Sold Price. Currently, the Median Sold Price in Carrollton stands at $408,500. This figure represents the middle point in the range of all sold prices, indicating the market’s overall pricing. It’s important to keep in mind that this figure can fluctuate based on various factors, such as location, property type, and condition. However, it provides a general idea of where the market is at.
So, there you have it, folks! That’s our market update for September 2023 in Carrollton, Texas. With a decreased Months Supply of Inventory, a high List to Sold Price percentage, a quick Median days on market, and a Median Sold Price of $408,500, it’s safe to say that our market is buzzing with activity!
Whether you’re a buyer or seller, these numbers can give you a sense of the current real estate landscape in Carrollton. If you have any questions or would like a more personalized analysis, feel free to reach out to me. As always, I’m here to assist you every step of the way.
Thank you for dropping by, and I’ll catch you in the next time. Remember, stay informed, stay engaged, and happy house hunting!
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Marie Sells Dallas 