Hey there, fellow Dallas residents! It’s Marie Walton, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS, here to give you the latest market update for March 2024. So grab a cup of coffee and let’s dive in!

Let’s start with some numbers, shall we? Currently, we have a 3.63 months supply of inventory in Dallas. That’s right, folks – inventory is moving fast! In fact, over the last 12 months, our Months Supply of Inventory has increased by a whopping 35.45%. So if you’re thinking about buying or selling, now is the time to make your move!

And speaking of making moves, the List to Sold Price percentage in Dallas is currently at an impressive 98.2%. That means sellers are getting top dollar for their properties, and buyers are finding value in this competitive market.

Now, let’s talk about how quickly homes are selling. The median days on market in Dallas is just 29 days. That’s less than a month, folks! So if you’re in the market for a new home, you’ll want to act fast to secure your dream property.

Last but not least, let’s talk about the median sold price in Dallas, which currently sits at $519,900. Whether you’re looking to buy or sell, this number gives you a good idea of what to expect in today’s market.

So there you have it, folks – the latest market update for Dallas in March 2024. If you have any questions or are ready to make a move in this hot market, don’t hesitate to reach out to me, Marie Walton. Until next time, happy house hunting!