Dallas Area Residential Sales Report – Condos and Townhomes Dallas, Texas

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 November 2024 on condos and town homes in Dallas, Texas.

Let’s dive right into the numbers, shall we? Currently, we have a 6.66 Months Supply of Inventory in Dallas. That’s up by a whopping 69.47% over the last 12 months. What does this mean for you as a buyer or seller? Well, it’s important to keep in mind the supply and demand dynamics when making your real estate decisions.

The List to Sold Price percentage is currently sitting at 96.9%. This means that, on average, condos and town homes in Dallas are selling for about 96.9% of their list price. It’s always good to keep this in mind when pricing your home or making an offer.

The median days on market in Dallas is 52 days. This gives you a good idea of how quickly condos and town homes are selling in the current market. If you’re a seller, this information can help you set realistic expectations for how long your home might be on the market.

And finally, the median sold price in Dallas is $328,500. This is a helpful benchmark to keep in mind when looking at homes or pricing your own property.

So there you have it, folks! That’s your market update for November 2024 in Dallas, Texas. Remember, real estate is always changing, so it’s important to stay informed and work with a knowledgeable REALTOR® like myself to help guide you through the process. If you have any questions or are thinking about buying or selling, feel free to reach out to me. Thanks for stopping in, and I’ll see you next time!