Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to give you a market update for February 2024 in Far North Dallas, TX.

Let’s dive into the numbers. Currently, we have a 2.07 Months Supply of Inventory in Far North Dallas. This means that if no new homes were listed, it would take just over 2 months for all the current homes on the market to sell. Over the last 12 months, we’ve seen a 21.05% increase in Months Supply of Inventory. Even with this increase the market is still very tilted to the Seller’s side.

The List to Sold Price percentage in Far North Dallas is 98.5%, which indicates that sellers are getting very close to their asking price. This is great news for sellers in this area.

The median days on market in Far North Dallas is 36 days, which is relatively quick compared to other markets. This means that homes are selling fast in this area.

And finally, the median sold price in Far North Dallas is $666,500. This is a strong indicator of the market’s stability and attractiveness to both buyers and sellers.

Thank you for dropping in to this market update. If you’re thinking about buying or selling in Far North Dallas, now is a great time to make a move. Feel free to reach out to me at Ebby Halliday REALTORS for any of your real estate needs. Happy house hunting!