Hello, and welcome back ! I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, and today I’m here to give you a market update for April 2024 in the Greenwood Hills area of Richardson, TX.

Currently, we have a 2.28 Months Supply of Inventory in Greenwood Hills. Over the last 12 months, we’ve seen a 17.53% increase in Months Supply of Inventory, indicating a slight shift towards a more balanced market. 6 months is considered a balanced market, so we are still tilted to the Seller’s side.

Our List to Sold Price percentage is strong at 99.1%. Homes are selling at or above their list priceand with multiple offers. The median days on market is 52, which is a good indicator of the market’s health and activity level.

And finally, the median Sold Price in Greenwood Hills is $440,000, which is a solid number that reflects the desirability of this area.

Whether you’re a buyer or a seller, these numbers can help you make informed decisions in this market. If you’re thinking of buying, now might be a good time to take advantage of the inventory available. And if you’re selling, knowing the median Sold Price can help you price your home competitively.

Thank you for tuning in to my market update for Greenwood Hills in Richardson, TX. If you have any questions or are looking to buy or sell in this area, feel free to reach out to me at 972-816-5197 and don’t forget to like, comment, and subscribe for more real estate tips and updates. See you next time!