Marie: Hey everyone, it’s Marie Walton here, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’m here to give you a market update for September 2024 on Condos and Town Homes in Denton, Texas.
Let’s dive into the data, shall we? Currently, we have a 9.39 Months Supply of Inventory in the market. This means that based on the current rate of sales, it would take about 9.39 months to sell all the available homes if no new listings were added.
Now, let’s talk about List to Sold Price percentage, which is at 97.7%. This percentage shows that on average, homes are selling for about 97.7% of their list price.
Next up, we have the Median days on market, which is at 27 days. This means that half of the condos and town homes in Denton are selling in less than 27 days, which is great news for both Buyers and Sellers.
Last but not least, the Median Sold Price in Denton is currently at $207,000. This is the midpoint price of all condos and town homes sold in the area, giving you an idea of the market value.
So, whether you’re looking to buy or sell in Denton, Texas, these numbers can help you make informed decisions. Remember, real estate is always changing, so it’s important to stay up to date with the latest market trends.
If you have any questions or need assistance with your real estate needs, feel free to reach out to me. I’m here to help. Thanks for watching and have a great day!
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Marie Sells Dallas 