Hello everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to bring you the latest market update for August 2024 in Dallas, Texas.
Let’s start with the numbers. Currently, we have a 4.91 Months Supply of Inventory in Dallas. This means that if no new homes were listed, it would take 4.91 months to sell all the homes on the market. Over the past 12 months, we’ve seen a 54.89% increase in Months Supply of Inventory, indicating a shift in the market.
Our List to Sold Price percentage is at a strong 97.4%, showing that sellers are receiving offers close to their asking price. The median days on market is 33, meaning that homes are selling relatively quickly in Dallas.
And finally, the median sold price for homes in Dallas is currently $425,000. This is valuable information for both buyers and sellers as they navigate the real estate market.
As a REALTOR®, it’s important for me to keep you informed about the latest market trends so that you can make informed decisions when buying or selling a home. Whether you’re looking to buy your dream home or sell for top dollar, I’m here to help guide you through the process.
If you have any questions about the Dallas real estate market or are ready to make a move, don’t hesitate to reach out to me. Thank you for dropping by and I look forward to assisting you with your real estate needs.
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Marie Sells Dallas 