
Hello, everyone! I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, and I am excited to bring you the latest market update on condos and townhomes for July 2024 in Richardson, Texas.
[ Let’s dive into the numbers. Currently, we have a 6.45 Months Supply of Inventory in Richardson, which is a significant increase of 146.18% over the last 12 months. This means there are more condos and townhomes available for buyers to choose from.
The List to Sold Price percentage is holding strong at 98.2%, indicating that sellers are receiving offers close to their asking price. This is great news for sellers in the Richardson area.
The median days on market is 42 days, showing that condos and townhomes in Richardson are selling relatively quickly. This is a good indicator of a healthy real estate market.
And finally, the median sold price in Richardson is $430,000. This is a strong number that reflects the desirability of condos and townhomes in this area.
Whether you are a buyer or a seller, now is a great time to make a move in the Richardson real estate market. If you have any questions or are interested in buying or selling a home, please don’t hesitate to reach out to me.
Marie Walton: Thank you for stopping by for this market update. Check back for more real estate tips and information. Have a wonderful day!
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