Hello everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to provide you with a market update for May 2024 in Uptown Dallas, Texas.
Let’s dive right into the numbers. Currently, there is a 4.19 Months Supply of Inventory in Uptown Dallas. This means that if no new homes were to come on the market, it would take just over 4 months to sell all existing homes. Over the last 12 months, we’ve seen a significant increase of 131.49% in Months Supply of Inventory, indicating a shifting market.
The List to Sold Price percentage in Uptown Dallas is currently at 97.2%, showing that sellers are still able to command strong prices for their homes. The median days on market is 30, meaning that homes are selling relatively quickly in this area.
And finally, the median sold price in Uptown Dallas is $575,000. This is a great indicator of the overall health and desirability of the market in this area.
Whether you’re a buyer or a seller, these numbers provide valuable insights into the Uptown Dallas real estate market. If you’re looking to make a move in this area, now is the time to act.
Thank you for cropping in to this market update. If you have any questions or are ready to make a move, don’t hesitate to reach out to me at Ebby Halliday REALTORS. Happy house hunting!
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Marie Sells Dallas 