Hey there, folks! It’s Marie Walton, your friendly neighborhood REALTOR® from Ebby Halliday, REALTORS. I hope you’re all doing fantastic today because I’ve got some exciting updates for you on the Garland, Texas real estate market. So, grab a cup of coffee, sit back, and let’s dive right into it!

First things first, let’s talk about the supply of inventory. Currently, we have 2.35 months of supply in Garland. Now, what does that mean for you as a buyer or seller? Well, it means that the market is still favoring sellers, but buyers, don’t fret just yet. This is a great opportunity to find your dream home before the competition gets even fiercer.

Looking back over the last 12 months, we’ve seen a 14.08% increase in the Months Supply of Inventory. Now, this may sound like a significant jump, but don’t panic. It’s actually a sign of a healthy and balanced market. It means that more homes are coming onto the market, giving buyers more options to choose from. So, if you’ve been thinking about selling, now might be the perfect time.

Alright, let’s talk numbers now. The List to Sold Price percentage in Garland is currently at an impressive 98.3%. So, what does that mean? It means that homes are selling very close to their asking price. Sellers, this is fantastic news for you! It shows that the market is strong and buyers are willing to pay a fair price for the right home.

Now, let’s discuss the median days on market. In Garland, homes are staying on the market for an average of 26 days. That’s less than a month! It’s a clear indication of the high demand in our area. Buyers, this means you need to act fast when you find a home you love. Don’t waste time because it might be gone before you know it.

And finally, the moment you’ve all been waiting for – the median sold price in Garland. Drumroll, please! It currently stands at $335,000. Now, this is just a median, so keep in mind that there are homes available in various price ranges. Whether you’re looking for a starter home or a luxury property, there’s something for everyone in Garland.

So, there you have it, folks! That’s your market update for September 2023 in Garland, Texas. The real estate market is buzzing, and it’s an exciting time for both buyers and sellers. If you’re thinking about making a move, now is the perfect opportunity. Remember, I’m here to guide you every step of the way, so don’t hesitate to reach out.

If you have any questions or need assistance with buying or selling a home in Garland or the surrounding areas, feel free to contact me, Marie Walton, your dedicated REALTOR® from Ebby Halliday, REALTORS. I’m just a phone call or email away!

Thanks for dropping in today, and I hope you found this market update informative and engaging. Check back for more exciting updates in the future. Remember to hit that subscribe button and leave a comment below if you have any questions or want to share your thoughts. Until next time, take care and happy house hunting!