
Hi there, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, bringing you a market update for July 2024 in the lovely Greenway Park neighborhood in the City of Dallas.
Let’s dive into the numbers. Currently, there is a 5.54 Months Supply of Inventory in Greenway Park. This means that if no new homes were listed, it would take 5.54 months to sell all the homes on the market. 6 months is considered a balanced market.
Over the last 12 months, we’ve seen a decrease of -19.94% in Months Supply of Inventory, indicating a trend towards a more competitive market for buyers.
The List to Sold Price percentage in Greenway Park is a strong 96.4%, showing that sellers are able to negotiate a price close to their asking price.
The median days on market in Greenway Park is 49, which means that homes are selling relatively quickly in this area.
Finally, the median sold price in Greenway Park is $1,022,000, making it a desirable and sought-after neighborhood for both buyers and sellers.
If you’re looking to buy or sell in Greenway Park, now is a great time to make a move. Reach out to me at 972-816-5197 for personalized assistance and expert guidance.
Thanks for dropping by for this market update. Come back for more tips and insights on the real estate market. Remember, I’m here to help you every step of the way. See you next time!
|
|
