Hello and welcome back to my blog! I’m Marie Walton, a trusted REALTOR® from Ebby Halliday REALTORS, here to bring you the latest market update for Carrollton, Texas in December 2023. Whether you’re a buyer or a seller, this update is designed to keep you engaged and informed about the current real estate trends in our area.

Let’s dive right in! As of now, we have a 1.23 Months Supply of Inventory in Carrollton. This figure indicates the number of months it would take to sell all the homes on the market if no new listings were added. Over the past 12 months, we’ve seen a significant decrease of -19.08% in the Months Supply of Inventory, reflecting a faster-moving market.

The List to Sold Price percentage stands at an impressive 98.3%. This means that, on average, sellers are achieving 98.3% of their listing price when their homes are sold. It’s a positive sign for sellers, indicating a strong demand and competitive pricing in our market.

When it comes to the median days on market, we’re seeing a quick turnaround. Homes in Carrollton are spending an average of just 27 days on the market before being sold. This is great news for sellers looking for a swift transaction and buyers needing to make timely decisions.

Now, let’s talk about the median sold price. In Carrollton, the median sold price currently stands at $411,250. This figure represents the middle price point of all the homes sold in our area. It’s important to note that home values can vary depending on various factors such as location, size, and condition. However, this median price gives you a general idea of the market’s overall performance.

If you’re considering buying or selling a home in Carrollton, now is a prime time to take action. With a decreased supply of inventory, high list to sold price percentage, and the relatively quick sales turnaround, you can expect a competitive and dynamic market. As a REALTOR®, I’m here to guide you through every step of the process, ensuring a smooth and successful transaction.

Thank you for tuning in to this market update. If you have any questions or would like to discuss your specific real estate needs, feel free to reach out to me. Remember, I’m Marie Walton, your dedicated REALTOR® from Ebby Halliday REALTORS, and I’m here to make your real estate dreams a reality. Stay tuned for more informative videos, and until next time, happy house hunting!