
Hey there, everyone! Welcome back to my blog. I’m Marie Walton, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’m here to give you all the juicy details on the current real estate market in Richardson, Texas. So, whether you’re a buyer or seller, you’re in for a treat!
Alright, let’s dive into the numbers. As of July 2024, we currently have a 3.57 Months Supply of Inventory in Richardson. That’s a slight increase of 80.3% over the last 12 months. What does this mean for you? Well, it means that there’s a bit more inventory on the market, giving buyers a bit more options to choose from.
But wait, there’s more! The List to Sold Price percentage is a fantastic 98.7%. That’s right, sellers are getting almost their asking price or in some cases over when they sell their homes in Richardson. And with a median days on market of just 24 days, you can bet that homes are selling fast in this hot market.
And last but not least, the median sold price in Richardson is currently at $475,000. That’s a pretty penny, but it just goes to show how desirable this area is right now.
So, whether you’re looking to buy or sell in Richardson, now is the time to make a move. With low inventory, high list to sold price percentages, and fast-selling homes, this market is on fire! If you want to take advantage of these great opportunities, don’t hesitate to reach out to me. I’d love to help you navigate this exciting market.
Thanks for dropping in, everyone. Don’t forget to like, comment, and subscribe for more real estate tips and market updates. Until next time, happy house hunting!
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