Hey there, sellers! It’s Marie Walton here from Ebby Halliday REALTORS, and I am so excited to bring you the latest market update for April 2024 in Preston Hollow.
So, let’s dive right in. Currently, we have a 5.24 months supply of inventory in Preston Hollow. That’s a slight increase of 35.05% over the last 12 months. But don’t worry, this is still a healthy market for sellers.
Now, let’s talk about list to sold price percentage. Right now, it’s sitting at a fantastic 100.2%. This means that sellers are getting top dollar for their homes in Preston Hollow.
The median days on market is just 23 days, which shows that homes are selling quickly in this area. And the median sold price? A whopping $2,800,000. That’s incredible!
So, if you’re thinking about selling your home in Preston Hollow, now is the time to do it! With low inventory, high list to sold price percentage, and quick turnaround times, you can’t go wrong.
Thanks for dropping in to this market update. If you have any questions or are ready to sell your home, don’t hesitate to reach out to me at Ebby Halliday REALTORS. I can’t wait to help you make your real estate dreams a reality. See you next time!