Hey there, future homeowners and sellers! It’s Marie Walton from Ebby Halliday REALTORS, and I’m here to give you the latest market update for February 2024 in Richardson, Texas.
Let’s dive right in! Currently, we have a 1.98 Months Supply of Inventory in Richardson. That’s a +30.26% increase over the last 12 months, which means more options for buyers to choose from but not much. Inventory remains very low!
When it comes to pricing, sellers are still in a strong position with a List to Sold Price percentage of 96.5%. This shows that homes are selling close to their listing price, making it a great time to sell in Richardson.
Looking at the market activity, the median days on market is 32 days. Homes are selling relatively quickly, so buyers need to act fast when they find a property they love.
And finally, the median Sold Price in Richardson is currently $435,000. This shows that the housing market in Richardson remains strong and stable.
Whether you’re looking to buy or sell in Richardson, now is a great time to make your move. With a healthy inventory, competitive pricing, and quick sales, there’s something for everyone in this vibrant community.
If you have any questions or are ready to make a move, don’t hesitate to reach out to me at Ebby Halliday REALTORS. Let’s make your real estate dreams a reality in Richardson, Texas. Thanks for drooping by, and I’ll see you in the next update!
Marie Sells Dallas 