Hello everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to bring you the latest market update for May 2024 in Far North Dallas.

Currently, in Far North Dallas, we have a 3.77 Months Supply of Inventory. Over the last 12 months, we have seen a significant increase of +78.67% in Months Supply of Inventory. This means there are more homes available on the market for buyers to choose from. However, the market is still tilted to the seller.

In terms of List to Sold Price percentage, we are seeing a strong market with a percentage of 99.2%. This shows that sellers are receiving offers close to their asking price. We are seeing multiple offers over list price on some homes.

The median days on market in Far North Dallas is 19 days, indicating that homes are selling quickly in this area. And the median sold price is $687,500, showcasing the value of properties in this desirable neighborhood.

Whether you’re a buyer or a seller, now is a great time to make a move in Far North Dallas. With a healthy inventory, strong list to sold price percentage, and homes selling quickly, there are opportunities for both sides of the real estate market.

If you’re interested in buying or selling in Far North Dallas, please don’t hesitate to reach out to me at 972-816-5197. I’m here to help you navigate the market and achieve your real estate goals.

Thank you for dropping in, and I look forward to assisting you with your real estate needs in Far North Dallas.