Hey there, everyone! Marie Walton here, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I am excited to bring you a market update for July 2024 in the lovely city of Farmers Branch, Texas.
Let’s dive right into the numbers, shall we? Currently, we have a 4.16 Months Supply of Inventory in Farmers Branch. That’s an increase of 73.33% over the last 12 months. What does this mean for you as a buyer or seller? Well, it means that we are seeing a bit more inventory on the market, giving buyers more options to choose from.
The List to Sold Price percentage in Farmers Branch is an impressive 98.7%. This tells us that homes are selling very close to their listing price, making it a great time to sell if you’re thinking about putting your home on the market.
The median days on market in Farmers Branch is just 21 days. That’s less than a month! Homes are moving quickly in this market, so if you’re a buyer, be prepared to act fast when you find a home you love.
And finally, the median Sold Price in Farmers Branch is $399,900. This is a strong indicator of the value of homes in this area and shows that the market is holding steady.
So there you have it, folks! The real estate market in Farmers Branch is looking strong and steady. Whether you’re buying or selling, now is a great time to make a move. If you have any questions or are ready to take the next step, don’t hesitate to reach out to me. I’m here to help you every step of the way. Thanks for tuning in, and I’ll see you next time!
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Marie Sells Dallas 