Hello everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to bring you the latest market update for September 2024 in Dallas, Texas.
Currently, we are seeing a 5.76 Months Supply of Inventory in the Dallas market. This means that if no new homes were listed, it would take 5.76 months to sell all the existing homes on the market. Over the last 12 months, we have seen a 67.44% increase in Months Supply of Inventory, indicating a slight shift towards a more balanced market.
The List to Sold Price percentage is currently at 96.9%. This means that on average, homes are selling for about 96.9% of their listing price in Dallas.
The median days on market is 41 days, showing that homes are selling relatively quickly in the current market conditions.
And finally, the median sold price in Dallas is $437,000. This is a strong indicator of the health of the market and shows that home values are holding steady.
Whether you are a buyer or a seller, these market trends are important to keep in mind as you navigate the real estate market in Dallas. If you have any questions or are looking to buy or sell a home, don’t hesitate to reach out to me at 972-816-5197 .
Thank you for dropping in, and remember, I’m here to help you make the most informed decisions in your real estate journey. Stay tuned for more updates from me in the future. Thank you and have a great day!
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Marie Sells Dallas 