Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here in the lovely addition of New World, Garland, TX. Today, I want to give you a market update for October 2024, specifically tailored for both buyers and sellers.
Let’s dive right into the data. Currently, we have a 2.62 Months Supply of Inventory in New World. This means that if no new homes were to come on the market, it would take 2.62 months to sell all existing homes. Over the last 12 months, we have seen a steady supply which is great news for both buyers and sellers.
Another important metric to consider is the List to Sold Price percentage, which currently stands at 97.2%. This means that homes in New World are selling very close to their list price, showing a strong and stable market.
The median days on market in our city is 33 days, which is a great indicator of how quickly homes are moving in this area. And finally, the median sold price in New World is $278,250, giving you an idea of the price point you can expect in this market.
Whether you’re a buyer looking for your dream home or a seller considering listing your property, these statistics can provide valuable insights to help you make informed decisions.
Thank you for tuning in to this market update. If you have any questions or are interested in buying or selling in New World, Garland, TX, feel free to reach out to me. Have a great day!
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Marie Sells Dallas 