Hey there, everyone! Marie Walton here, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS, coming to you with a market update for September 2024 in Richardson, Texas.
Currently, we have a 4.5 Months Supply of Inventory in Richardson. Over the last 12 months, we’ve seen a +96.51% increase in Months Supply of Inventory. This means there are more homes available on the market compared to this time last year.
The List to Sold Price percentage is holding strong at 98.7%, which is great news for both Buyers and Sellers. This shows that homes are selling close to their asking price, making for a balanced market.
The median days on market is 39, which means homes are selling relatively quickly in Richardson. If you’re looking to buy or sell, now might be a good time to act while the market is moving at a steady pace.
And finally, the median Sold Price in Richardson is $510,000. This gives us a good idea of the average price point in the area, which can help you make informed decisions when it comes to buying or selling your home.
Overall, the market in Richardson is looking strong and stable. Whether you’re a Buyer or a Seller, there are opportunities to be had in this market. As always, I’m here to help answer any questions you may have and guide you through the process.
Thanks for tuning in, and remember to reach out if you need any assistance with your real estate needs. Happy house hunting!
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Marie Sells Dallas 