Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here in beautiful Park Forest, Plano. Today, I’m here to give you a market update for April 2024.

Currently, we are seeing a very low inventory with only 0.64 Months Supply of Inventory. This means that if no new homes were to come on the market, it would take less than a month to sell out all the homes available. Over the last 12-months, Months Supply of Inventory has decreased by a whopping -75.1%, making it a very competitive market for sellers.

Sellers, you’ll be happy to hear that the List to Sold Price percentage is at 98.2%, showing that homes are selling very close or over their asking price. This is great news for those looking to sell their homes quickly and for a good price.

The median days on market is only 15 days, which means that homes are selling fast in Park Forest, Plano. If you’re thinking about selling your home, now might be the perfect time to do so.

And finally, the median sold price in Park Forest is currently at $335,000. This shows that the market is strong and buyers are willing to pay top dollar for homes in this area.

Thank you for tuning in to this market update. If you have any questions or are thinking about selling your home, feel free to reach out to me at 972-816-5197. Have a great day!