Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to give you a market update for Lewisville, Texas in July 2024. Whether you’re looking to buy or sell, this information is crucial for making informed decisions in today’s market.
Let’s dive right into the numbers. Currently, we have a 3.34 Months Supply of Inventory in Lewisville. This means that if no new homes were listed, it would take approximately 3.34 months to sell all existing homes on the market. Over the last 12 months, we’ve seen a significant increase of 44.59% in Months Supply of Inventory, indicating a slightly more balanced market.
Next, let’s talk about List to Sold Price percentage, which is currently at an impressive 99.7%. This tells us that homes in Lewisville are selling very close to their listing price, showing strong buyer demand and healthy competition in the market.
The median days on market is 23, which means that half of the homes in Lewisville are selling in less than 23 days. This is a quick turnaround time and indicates a competitive market where homes are in high demand.
Finally, the median Sold Price in Lewisville is $480,000. This gives you a good idea of the average price point in the area and can help you gauge the value of homes in your desired neighborhood.
Overall, Lewisville continues to be a vibrant and active real estate market, with strong buyer demand and competitive pricing. Whether you’re looking to buy or sell, now is a great time to make a move in Lewisville.
Thank you for tuning in to this market update. If you have any questions or are interested in buying or selling a home in Lewisville, feel free to reach out to me at Ebby Halliday REALTORS. I’m here to help you navigate the real estate market with confidence. Thanks for watching!
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Marie Sells Dallas 