Hi there, I’m Marie Walton with Ebby Halliday REALTORS, and I am here to give you a market update for Park Forest North in Plano, TX for April 2024.

Let’s dive right in. Currently, we have a 2.79 Months Supply of Inventory in Park Forest North. That means if no new homes were listed, it would take just under three months to sell all the homes on the market. Over the last 12 months, we’ve seen an increase of 82.35% in the Months Supply of Inventory, so sellers should be aware of the changing market conditions, but we are still very much in a Sellers Market.

The List to Sold Price percentage in Park Forest North is currently at 98.8%. This means that an number of homes are selling at asking price or above. This is great news for sellers who are looking to get top dollar for their homes.

The median days on market in Park Forest North is 26 days. This is a relatively quick turnaround time, so sellers can expect their homes to sell within a month on average.

And finally, the median sold price in Park Forest North is $395,000. This is a strong price point for sellers in the area, and it shows that there is demand for homes in this neighborhood.

Overall, the real estate market in Park Forest North is looking strong for sellers. With a low inventory and high demand, now is a great time to list your home and take advantage of these favorable market conditions.

If you’re thinking about selling your home in Park Forest North, don’t hesitate to reach out to me for a personalized market analysis and expert advice. Thanks for dropping in, and I’ll see you next time!