Hello everyone, and welcome back to my blog! I’m Marie Walton, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’m here to give you a market update for the lovely city of Melissa, Texas in July 2024.

Let’s dive right in, shall we? Currently, we are seeing a 3.33 Months Supply of Inventory in Melissa. What does that mean for you as a buyer or seller? Well, it means that there’s a healthy balance between supply and demand in the market, making it a great time to make a move.

Now, let’s talk about the numbers that really matter. The List to Sold Price percentage is an impressive 98%, showing that homes in Melissa are selling close to their asking price. And with a median days on market of 66, homes are moving quickly in this hot market.

And last but not least, the median Sold Price in Melissa is currently at $494,788. So whether you’re a buyer looking for your dream home or a seller looking to make a move, now is the perfect time to jump into the Melissa real estate market.

That’s all for today’s market update. If you have any questions or are ready to make a move, don’t hesitate to reach out to me. Thank you for watching, and I’ll see you next time! Happy house hunting!