Dallas Area Residential Sales Report – Richardson Condos and Townhomes

Hey there, everyone! Marie Walton here, your friendly neighborhood REALTOR® from Ebby Halliday REALTORS. Today, I’m here to give you a market update on condos and townhomes for August 2024 in Richardson, Texas.

So, let’s dive right in. Currently, we have a 6.65 Months Supply of Inventory in Richardson. That’s a slight increase of 156.76% over the last 12 months. What does that mean for you? Well, it’s a great time to buy or sell as there are plenty of options on the market.

The List to Sold Price percentage is sitting at a solid 96.2%. This means that sellers are getting close to their asking price, which is fantastic news for anyone looking to sell their home in Richardson.

Now, let’s talk about the Median days on market, which is currently 42 days. This means that homes in Richardson are selling relatively quickly, so if you’re in the market to buy, you’ll want to act fast.

And last but not least, the Median Sold Price in Richardson is $270,000. This gives you a good idea of what the market looks like in terms of pricing.

So, whether you’re a buyer or a seller, now is a great time to make a move in the Richardson real estate market. If you have any questions or are interested in buying or selling a home, feel free to reach out to me at the phone number or email below. Thanks for checking out my blog post and I’ll see you next time!