Hello and welcome, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS here in Carrollton, Texas. Today, I’m excited to bring you a market update for May 2024.

Let’s dive right in. Currently, we have a 2.36 Months Supply of Inventory in Carrollton. This means that if no new homes were listed, it would take 2.36 months to sell all existing homes on the market. Over the last 12 months, Months Supply of Inventory has increased by a significant 71.01%. However we are still tilted to the Sellers Side.

The List to Sold Price percentage is at an impressive 100.3%, showing that sellers are receiving very close or over to their asking price. Additionally, the median days on market is just 25 days, indicating that homes are selling quickly in our area.

Finally, let’s talk about pricing. The median Sold Price in Carrollton is currently $479,750. This is a strong indicator of the value and demand in our local real estate market.

In conclusion, the market in Carrollton is dynamic and competitive. Whether you’re a buyer or seller, now is a great time to make a move. If you have any questions or are interested in buying or selling a home, don’t hesitate to reach out to me. Thank you for dropping by and until next time, happy house hunting!