Hey there, Dallas! It’s Marie Walton, your friendly neighborhood REALTOR®, here with your market update for July 2024. Whether you’re buying, selling, or just curious about the condo-townhome market Dallas, you’ve come to the right place.

Let’s dive right in, shall we? Currently, we’re looking at a 6.69 Months Supply of Inventory in Dallas. That’s a bit higher than we’ve seen in the past, with a whopping increase of 120.79% over the last 12 months. What does that mean for you? Well, it’s still a great time to buy or sell, but you might want to act fast! 6 months is considered a balanced market, so we are only slightly tilted to the buyers side.

Now, let’s talk numbers. The List to Sold Price percentage is holding strong at 97.7%, which is fantastic news for sellers. And with a median days on market of just 40 days, properties are moving quickly. The median sold price in Dallas is currently sitting at $318,000, making it an attractive market for both buyers and sellers.

So, whether you’re looking to make a move or just keeping an eye on the market, now’s the time to get in on the action. If you have any questions or need assistance navigating the real estate market, don’t hesitate to reach out to me at 9720816-5197. I’m here to help you every step of the way.

Thanks for dropping in, Dallas! Until next time, happy house hunting!