Hey there, everyone! Marie Walton here, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’m excited to bring you a market update for September 2024 in Melissa, Texas. Whether you’re a buyer or seller, this information is for you!
Let’s jump right into the data. Currently, we have a 4.48 Months Supply of Inventory in Melissa. What does that mean? Well, it means that if no new homes were listed, it would take 4.48 months to sell all the homes on the market. And over the last 12 months, we’ve seen a 45.45% increase in the Months Supply of Inventory. 6 months is considered a balanced market.
Next up, we have the List to Sold Price percentage, which is sitting at a strong 97.5%. This percentage shows us how close homes are selling to their listing price, giving us insight into the competitiveness of the market.
When it comes to how long homes are staying on the market, the median days is 67. This number can give buyers and sellers an idea of how quickly homes are moving in the area.
And finally, the median Sold Price in Melissa is currently $535,000. This number gives us a snapshot of the average price of homes that are selling in the area.
And there you have it, folks! A quick and informative market update for September 2024 in Melissa, Texas. Remember, if you have any questions or are looking to buy or sell a home, don’t hesitate to reach out to me. Thanks for stopping by, and I’ll see you next time!
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Marie Sells Dallas 