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

Currently, we are seeing a Months Supply of Inventory standing at 4.94, indicating a balanced market for buyers and sellers. Over the last 12 months, we have seen a 36.09% increase in Months Supply of Inventory, which is something both buyers and sellers should keep an eye on.

The List to Sold Price percentage is at a strong 97.5%, showing that properties are selling close to their listing price. This is great news for sellers looking to maximize their return on investment.

The median days on market is currently at 34 days, indicating that homes are selling relatively quickly in the North Dallas area. This is good news for both buyers and sellers, as it shows a healthy level of demand in the market.

The median sold price in North Dallas is currently at $1,345,000, showcasing the strong property values in this desirable area. Whether you are buying or selling, it’s important to keep these numbers in mind when making your real estate decisions.

Thank you for dropping by in to this market update. If you have any questions or are interested in buying or selling in the North Dallas area, feel free to reach out to me at 9720816-5197. I look forward to helping you navigate the real estate market with confidence. Have a great day!