Good afternoon everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS. Today, I’m excited to bring you a market update for the Old East Dallas area in Dallas, Texas, as of July 2024.

Currently, we are seeing a 6.72 Months Supply of Inventory in Old East Dallas. This is a slight increase of 48.34% over the last 12 months, indicating a healthy and balanced market for both buyers and sellers. We are just slightly over the 6 months that’s considered a balanced market.

The List to Sold Price percentage is holding strong at 97.2%, showing that homes in this area are selling close to their asking price. This is great news for sellers looking to maximize their investment.

The median days on market in Old East Dallas is 44, which is relatively quick compared to other areas. This indicates a strong demand for homes in this neighborhood.

And finally, the median sold price in Old East Dallas is $705,000. This is a strong indicator of the value and desirability of homes in this area.

Whether you’re a buyer or a seller, these market statistics show that Old East Dallas continues to be a sought-after neighborhood with a healthy real estate market. If you’re considering buying or selling in this area, now is a great time to make a move.

Thank you for dropping in to this market update. If you have any questions or would like more information, please don’t hesitate to reach out to me. Have a wonderful day!