Hello, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to bring you the latest market update for April 2024 in Dallas, Texas. Whether you’re a buyer or seller, this information is crucial to understanding the current state of the market.

Currently, we have a 3.91 Months Supply of Inventory in Dallas. This means that at the current rate of sales, it would take approximately 3.91 months to sell all the available homes on the market. Over the last 12 months, we’ve seen a 41.67% increase in Months Supply of Inventory, indicating a shift in the market.

Our List to Sold Price percentage is at 98.4%, showing that sellers are able to negotiate prices close to their listing price. The median days on market is 25, indicating that homes are selling relatively quickly in the current market conditions.

The median sold price in Dallas is $500,475, giving buyers and sellers a clear understanding of the current pricing trends in the area.

Whether you’re looking to buy or sell in Dallas, it’s important to stay informed about the market trends. As a REALTOR® with Ebby Halliday REALTORS, I am here to help guide you through the process and make informed decisions. If you have any questions or are interested in buying or selling a home in Dallas, feel free to reach out to me.

Marie Walton: Thank you for dropping in on this market update. Stay tuned for more updates and information on the Dallas real estate market.