Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS. Today, I’m here to give you a market update for the Dallas North Estates in Plano, TX as of March 2024.
Currently, we have a 2.9 Months Supply of Inventory in the Dallas North Estates area. This means that if no new homes were to come on the market, it would take 2.9 months to sell all the existing homes.
Over the last 12 months, the Months Supply of Inventory has been relatively stable, indicating a balanced market where there is a good mix of buyers and sellers.
The List to Sold Price percentage in Dallas North Estates is an impressive 99.7%, showing that homes are selling very close to their listing price.
The median days on market in Dallas North Estates is 73 days, which is a bit longer compared to the previous months. This could indicate that buyers are taking their time in this competitive market.
And finally, the median sold price in Dallas North Estates is $416,000, showing a steady increase in home values in the area.
If you’re thinking about buying or selling a home in Dallas North Estates, now is a great time to make a move. Feel free to reach out to me for more information or to schedule a consultation. Thank you for dropping by and I’ll see you in the next update.