Good day, everyone! Marie Walton here, your trusted REALTOR® from Ebby Halliday, REALTORS. Today, I am thrilled to bring you the latest market update for the addition of Park Forest in the city of in Plano, Texas. So, let’s dive right in!

As of October 2023, we currently have a total of 3.07 months supply of inventory in Park Forest. And guess what? Over the past year, we’ve seen a remarkable increase of 53.5% in our months supply of inventory. This means that the market is becoming even more favorable for both buyers and sellers, presenting exciting opportunities for all.

Now, let’s talk about the List to Sold Price percentage. In Park Forest, this percentage stands at an impressive 100.2%. What does this mean for you as a buyer or seller? Well, it indicates that properties in this area are being sold at their listed price or even higher, showcasing the strong demand and competitiveness of our market.

Now, let’s dive into the median days on market. Currently, the median days on market in Park Forest is 45. This means that, on average, properties are spending just a little over a month on the market before being sold. So, if you’ve been considering buying or selling in Park Forest, now is the time to take action and seize the opportunities that await.

And finally, let’s talk numbers. The median sold price in Park Forest is an incredible $335,500. This showcases the strength and desirability of our market, as well as the value that can be found in this beautiful neighborhood. Whether you’re a buyer looking for your dream home or a seller hoping to maximize your investment, Park Forest has something special to offer.

Thank you for tuning in to today’s market update. I hope you found this information valuable and insightful. Remember, as your dedicated REALTOR®, I am here to guide you every step of the way, whether you’re buying or selling in Park Forest or anywhere else in Plano, Texas.

If you have any questions or would like to discuss your real estate goals further, please don’t hesitate to reach out to me. Until next time, take care, stay informed, and make the most out of this thriving real estate market. Together, let’s make your dreams a reality and you have a wonderful day ahead!