Good day, everyone! I’m Marie Walton, a trusted REALTOR® from Ebby Halliday, REALTORS. Today, I am thrilled to bring you a market update for our beloved city of Farmers Branch, Texas. Whether you’re a buyer or a seller, this update is designed to keep you engaged and informed about the latest trends in our local real estate market.
As of September 2023, Farmers Branch is experiencing a dynamic real estate landscape. The current Months Supply of Inventory stands at 2.53, indicating a healthy balance between supply and demand. Over the past 12 months, we’ve witnessed a slight decrease of -1.56% in the Months Supply of Inventory, suggesting a steady market with opportunities for both buyers and sellers.
Now, let’s dive deeper into the numbers. The List to Sold Price percentage is an impressive 99.2%, highlighting the strong negotiation skills of our professional agents and the high demand for properties in Farmers Branch. Rest assured that when you work with an Ebby Halliday REALTOR®, you are in good hands.
Another factor to consider is the median days on market, which currently stands at 34. This means that on average, properties in Farmers Branch are selling relatively quickly, allowing sellers to achieve their goals in a timely manner. However, buyers must be prepared to act swiftly in this competitive market.
And now, let’s talk about the numbers that everyone is curious about—the median sold price. In September 2023, the median sold price in Farmers Branch is $495,000. This figure reflects the value of our exceptional community, its amenities, and the quality of life it offers to residents.
Whether you’re buying or selling, it’s crucial to have an experienced REALTOR® by your side. Call me today and put my knowledge and experience to work for you
Thank you for tuning in to this market update. If you have any questions or if you’re considering buying or selling a property in Farmers Branch, please don’t hesitate to reach out to me.
[Closing shot of Marie Walton standing in front of the neighborhood]
Until next time, stay informed, stay engaged, and remember, in the ever-evolving world of real estate, I’m here to guide you home.
Marie Sells Dallas 