Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to give you a market update for October 2024 in the Bent Tree area of Dallas, TX. Whether you’re a buyer or a seller, this information is crucial for making informed decisions in today’s real estate market.
Let’s dive into the numbers. Currently, there is a 4.82 Months Supply of Inventory in Bent Tree. This means that at the current pace of sales, it would take 4.82 months to sell all the homes on the market. Over the last 12 months, we’ve seen a 32.42% increase in Months Supply of Inventory, indicating a slight shift in the market.
The List to Sold Price percentage is at a strong 98.4%, showing that homes in Bent Tree are selling close to their listing price. This is great news for sellers looking to get a good return on their investment.
The median days on market in Bent Tree is 42 days, meaning that homes are selling relatively quickly in this area. This is a key indicator of the level of demand in the market.
Now, let’s talk about the median sold price in Bent Tree, which currently stands at $905,000. This gives you an idea of the average price point for homes in this area.
In conclusion, the market in Bent Tree is dynamic and full of opportunities for both buyers and sellers. Whether you’re looking to make a move or simply curious about the market trends, I’m here to help you navigate the real estate landscape in Bent Tree.
If you have any questions or would like to learn more about the current market conditions in Bent Tree, feel free to reach out to me. Thank you for watching, and I look forward to assisting you in your real estate journey.
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Marie Sells Dallas 