Hello everyone, I’m Marie Walton, your friendly neighborhood REALTOR® here with Ebby Halliday REALTORS. Today, I have an exciting market update for you all here pon condos and townhomes in Uptown Dallas, Texas.

As of August 2024, we currently have a 4.65 Months Supply of Inventory in Uptown. Now, what does that mean for you as a buyer or seller? Well, let me break it down for you.

Over the last 12 months, we’ve seen a significant increase of +88.26% in our Months Supply of Inventory. This means there are more options for buyers to choose from, giving you more negotiating power in this market.

Now, let’s talk about the List to Sold Price percentage. In Uptown, we’re currently seeing a strong 98.3% List to Sold Price percentage. This shows that homes are selling close to their listing price, making it a competitive market for sellers.

The median days on market in Uptown is 26 days. This means homes are selling quickly, so if you’re a buyer looking to make a move, you’ll want to act fast in this market.

And finally, the median Sold Price in Uptown is $400,000. This gives you an idea of the current market value of condos and townhomes in this area.

So, whether you’re looking to buy or sell in Uptown Dallas, now is a great time to make a move. If you have any questions or need assistance with your real estate needs, don’t hesitate to reach out to me. I’m here to help you every step of the way.

Thank you for tuning in to today’s market update. Have a wonderful day!