Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS here in Dallas, Texas. Today, I’m excited to bring you a market update on condos and townhouses in Dallas for September 2024. Whether you’re a buyer or a seller, this information is crucial for making informed decisions in the real estate market.
Currently, we have a 8.21 Months Supply of Inventory in Dallas. This means that if no new homes were added to the market, it would take 8.21 months to sell all the existing condos and townhouses. Over the last 12 months, we’ve seen a significant increase of +128.69% in Months Supply of Inventory.
The List to Sold Price percentage in Dallas is currently at 96.7%. This indicates that sellers are typically getting 96.7% of their asking price when their home sells.
The median days on market in Dallas is 44 days. This means that on average, condos and town houses are selling within 44 days of being listed.
And finally, the median sold price in Dallas is $305,000. This gives you an idea of the current market value of condos and town homes in our area.
Whether you’re looking to buy or sell, understanding these market trends is essential for a successful real estate transaction. If you have any questions or would like more information, feel free to reach out to me at
972-816-5197.
Thanks for dropping by and check back for more market updates in the future. Happy house hunting!
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Marie Sells Dallas 