Hey there, fellow homebuyers and sellers! It’s Marie Walton, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. I’m here to give you the latest market update for Park Forest in Plano, TX as of July 2024.
Let’s dive right in! Currently, there are 2.44 months supply of inventory in Park Forest. That means if no new homes were listed, it would take 2.44 months to sell all the existing homes on the market. And guess what? Over the last 12 months, we’ve seen a decrease of 47.19% in the months supply of inventory. That’s great news for sellers!
Now, let’s talk about List to Sold Price percentage. In Park Forest, homes are selling for an average of 99.9% of the listing price. That’s a pretty sweet deal for sellers, right? It also means that some homes are going for over asking price.
And check this out – the median days on market in Park Forest is only 9 days! That’s less than two weeks! So if you’re a buyer, you’ll want to act fast when you find a home you love.
Lastly, let’s talk about the median sold price in Park Forest, which is currently at $356,500. Keep in mind, this is just the median price, so there are homes both above and below this price point.
So there you have it, folks! The market in Park Forest is looking hot right now, with low inventory, high list to sold price percentage, quick sales, and a median sold price of $356,500. Whether you’re looking to buy or sell, now is a great time to make a move in Park Forest. If you have any questions or need assistance, feel free to reach out to me at the number or email below. Thanks for dropping in and happy house hunting!
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Marie Sells Dallas 