Hello, and welcome back. I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to give you a market update for June 2024 in East Dallas.

Let’s dive right in. Currently, we have a 4.92 Months Supply of Inventory in East Dallas. This means that at the current rate of sales, it would take approximately 4.92 months to sell all the homes on the market.

Over the last 12 months, we’ve seen a significant increase of 82.9% in Months Supply of Inventory, indicating a shift in the market. This is important information for both buyers and sellers to consider when making real estate decisions.

The List to Sold Price percentage in East Dallas is currently at 97.6%. This means that, on average, homes are selling for 97.6% of their list price. This is a strong indicator of the competitiveness of the market and a key factor for sellers to keep in mind when pricing their homes.

The median days on market in East Dallas is 34, showing that homes are selling relatively quickly in this area. If you’re a seller, this is great news as it means there is demand for homes in East Dallas.

And finally, the median sold price in East Dallas is $815,875. This is valuable information for both buyers and sellers to understand the current market trends and make informed decisions.

In conclusion, the real estate market in East Dallas is dynamic and ever-changing. Whether you’re looking to buy or sell a home in this area, it’s important to stay informed and work with a knowledgeable REALTOR® who can guide you through the process.

Thank you for dropping by! If you found this market update helpful, please like, share, and subscribe to my channel for more real estate tips and insights. Until next time, happy house hunting!