Hello everyone, and welcome back l! I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, and today I’m here to give you a market update for June 2024 on condos and townhomes in North Dallas, Texas.
Let’s start by looking at the inventory levels in North Dallas. Currently, we have a 5.87 Months Supply of Inventory, which is a significant increase of 155.22% compared to the last year. This means that there are more homes available on the market for buyers to choose from.
The List to Sold Price percentage in North Dallas is holding strong at 98.1%, indicating that sellers are still able to get close to their asking price in this market.
The median days on market in North Dallas is currently 40 days, showing that homes are selling relatively quickly in this area.
And finally, the median sold price for condos and townhomes in North Dallas is $292,000, making it an attractive market for both buyers and sellers.
Thank you for dropping in to this market update! If you’re looking to buy or sell a home in North Dallas, don’t hesitate to reach out to me for expert guidance. Until next time, happy house hunting!