
Hey everyone, Marie here from Ebby Halliday REALTORS with your latest market update for October 2024. Whether you’re a buyer or a seller, I’ve got all the data you need to stay informed and make the best decisions for your real estate goals.
Let’s dive right in. Currently in Dallas, Texas, we have a 4.6 Months Supply of Inventory. That’s an increase of 24.32% over the last 12 months, showing a trend towards a more balanced market.
When it comes to List to Sold Price percentage, we’re looking at a strong 97.5%, which means sellers are still getting a great return on their investment.
The median days on market is 41, which is a good indicator of the overall health of the market. Homes are selling relatively quickly, but buyers still have some time to make decisions.
And finally, the median sold price in Dallas is $510,000. This gives you a good idea of what to expect in terms of pricing in the area.
So whether you’re thinking about buying or selling, it’s important to stay informed on the latest market trends. If you have any questions or need assistance with your real estate needs, feel free to reach out to me at the phone number or email address below.
Thanks for stopping by, and I’ll see you next time with more updates. Happy house hunting!
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