Hey there, Dallas! It’s Marie Walton, your friendly neighborhood REALTOR® here with your February 2024 market update. Whether you’re a buyer, seller, or just curious about the real estate scene in our amazing city, I’ve got all the juicy details for you.

Let’s jump right in, shall we? Currently, we’re looking at a 3.22 Months Supply of Inventory here in Dallas. That’s a slight increase of 34.17% over the last 12 months, which means there are plenty of opportunities out there for both buyers and sellers.

Now, when it comes to getting the most bang for your buck, you’ll be happy to know that the List to Sold Price percentage is sitting pretty at 97.7%. That means sellers are getting top dollar for their homes, and buyers are still finding great deals in this market.

If you’re wondering how long it takes to sell a home in Dallas, the median days on market is 37. That’s a pretty quick turnaround, so if you’re thinking about putting your home on the market, now might be the perfect time.

And finally, let’s talk numbers. The median sold price in Dallas is currently $430,000. That’s a solid number that shows the strength of our market right now.

So whether you’re looking to buy, sell, or just keep your finger on the pulse of the Dallas real estate scene, I’ve got you covered. Reach out to me at Ebby Halliday REALTORS for all your real estate needs. Thanks for dropping in, and I’ll see you next time! Happy house hunting, Dallas!