Hey there, everyone! It’s Marie Walton from Ebby Halliday REALTORS, here with your latest market update for September 2024. Whether you’re a buyer or a seller, this information is for you!
Let’s dive right into the numbers. Currently, we have a 5.71 Months Supply of Inventory in Addison. That’s up 125.69% from this time last year. What does that mean for you? Well, it’s important to keep an eye on inventory levels as they can impact pricing and competition in the market.
Next up, we have the List to Sold Price percentage, which is holding strong at 99%. This tells us that homes in Addison are selling close to their list price, which is great news for sellers.
The median days on market is sitting at 50 days. This is a key indicator of how quickly homes are selling in the area. If you’re a seller, this number can help you set realistic expectations for how long your home may be on the market.
And finally, the median sold price in Addison is currently $599,000. This gives you a snapshot of the overall pricing trends in the area and can help you make informed decisions when buying or selling.
So, whether you’re looking to make a move or just curious about the market, I hope this information has been helpful for you. As always, feel free to reach out to me if you have any questions or if you’re ready to make a move in Addison.
Thanks for dropping by, and I’ll see you next time! Happy house hunting!
|
|
|
Marie Sells Dallas 