
Hey there, everyone! It’s Marie Walton, your friendly neighborhood REALTOR®, coming to you with an exciting market update for Garland, Texas. Now, I know market updates can sometimes be a little dry, but trust me, today’s numbers are going to blow you away!
Alright, let’s dive right in! As of December 2023, we currently have a 2.18 Months Supply of Inventory in Garland. Now, what does that mean? Well, simply put, it’s a measure of how long it would take for all the homes on the market to be sold, given the current demand. And let me tell you, that’s a pretty tight market!
But here’s the exciting part – the Months Supply of Inventory has actually decreased by 4.39% over the last 12 months! That means demand is high, and homes are flying off the shelves faster than ever before. So, if you’ve been thinking about selling, now might just be the perfect time!
Now, for all you sellers out there, I have some fantastic news. The List to Sold Price percentage in Garland is a stellar 99.3%. That’s right, folks – on average, homes are selling at 99.3% of their listing price!
So, if you’re looking to maximize your return on investment, Garland is where it’s at. Our market is strong, and buyers are willing to pay top dollar for the right home.
Now, let’s talk about time. In Garland, the median days on market is just 34. That’s less than six weeks! It’s incredible how quickly homes are selling in our vibrant city.
And finally, let’s talk numbers. The median sold price in Garland currently stands at $335,000. So, whether you’re buying or selling, it’s essential to keep this figure in mind. It not only reflects the value of homes in our community but also presents exciting opportunities for both buyers and sellers.
So, there you have it – a quick and engaging market update for Garland, Texas. As your trusted REALTOR® with Ebby Halliday REALTORS, I’ll be here to guide you every step of the way. If you have any questions or are ready to make a move, don’t hesitate to reach out. Remember, the market is hot, and your dream home or ideal buyer might just be waiting for you!
Until next time, stay positive, stay informed, and happy house hunting!
