Hello everyone, and welcome back to another market update brought to you by Ebby Halliday, REALTORS. I’m Marie Walton, your trusted real estate expert, here to provide you with the latest information on the Carrollton, Texas housing market.

Today, let’s dive into the numbers and see how the market has been performing in October 2023.

Starting with the supply of inventory, we currently have 1.68 months supply available. This is an important metric as it tells us how long it would take for all the homes on the market to sell, given the current pace of sales.

Over the last 12 months, we’ve seen a decrease of 7.69% in the Months Supply of Inventory. This indicates that the market has become more competitive, with more buyers entering the scene.

Now, let’s talk about list to sold price percentage. This figure represents how close the final selling price is to the original listing price. In our current market, we’re seeing a list to sold price percentage of 99%. This shows that sellers are getting very close to their asking price, which is great news for those looking to sell their homes.

Moving on to the median days on market. On average, homes in Carrollton, Texas are spending only 23 days on the market before being sold. This is a clear indication of the high demand for properties in our area.

And finally, let’s take a look at the median sold price. In October 2023, the median sold price in Carrollton, Texas stands at $436,500. This represents the middle point of all the home prices in our market, and it’s a strong indicator of the overall value and desirability of our community.

As always, I want to remind both buyers and sellers that these figures are just a snapshot of the current market conditions. If you’re considering buying or selling a home, it’s crucial to work with a professional REALTOR® who can provide you with personalized guidance based on your specific needs and goals.

Thank you for joining me today, and remember, if you have any questions or need assistance with your real estate journey, I’m here to help. Contact me, Marie Walton, at Ebby Halliday, REALTORS. Until next time, take care and happy house hunting!