Hello, and welcome back to my blog. I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, and today I am here to give you a market update on condos and townhome sales in Garland, Texas for July 2024.
Let’s dive right into the numbers. Currently, we are seeing a 4 Months Supply of Inventory in Garland. This means that at the current rate of sales, it would take 4 months to sell all the condos and townhomes on the market. Over the last 12 months, we have seen a slight increase of 2.83% in Months Supply of Inventory.
The List to Sold Price percentage in Garland is an impressive 98.1%. This means that on average, condos and townhomes are selling for 98.1% of their list price.
The median days on market in Garland is 28 days. This is a great indicator of the speed at which condos and townhomes are selling in the area.
And finally, the median sold price in Garland is $240,500. This gives you an idea of the average price of condos and townhomes that are selling in the area.
As you can see, the real estate market in Garland, Texas is strong and showing positive trends. Whether you are a buyer or a seller, now is a great time to make a move in this market. If you have any questions or are interested in buying or selling a home in Garland, please don’t hesitate to reach out to me. Thank you for dropping in, and I look forward to helping you with your real estate needs.
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Marie Sells Dallas 