Hello everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, and I’m here to give you an update on the current real estate market in Trinity Falls, Collin County, TX for May 2024.

Let’s start with the numbers. Currently, there is a 5.11 Months Supply of Inventory in Trinity Falls. This means that at the current rate of sales, it would take 5.11 months to sell all the homes on the market.

Over the last 12 months, the Months Supply of Inventory has increased by a significant 145.67%. This indicates a shift towards a buyer’s market, so buyers may have more options and negotiating power.

The List to Sold Price percentage is a strong 98.4%, showing that sellers are able to close deals close to their asking price.

The median days on market is a speedy 27 days, indicating that homes in Trinity Falls are selling quickly.

And finally, the median sold price in Trinity Falls is a healthy $699,500.

Whether you’re a buyer or a seller, understanding these market trends can help you make informed decisions. If you’re considering buying or selling a home in Trinity Falls, now is a great time to reach out to a REALTOR® like myself to explore your options.

Thank you for dropping in to this market update. If you have any questions or would like more information, feel free to contact me at 972-816-5197. Check back for more updates and tips on the Trinity Falls real estate market. Thank you and have a great day.

[Closing shot of Marie Walton smiling and waving]