Hi everyone, Marie Walton here from Ebby Halliday REALTORS. Today, I wanted to give you an update on the current real estate market here in Prestonwood, Dallas.
As of November 2024, we currently have a 3.8 Months Supply of Inventory in Prestonwood. Over the last 12-months, we’ve seen a +160.27% increase in Months Supply of Inventory. Supply is still tilted to the seller.
The List to Sold Price percentage is sitting at 97.1%, which indicates a strong seller’s market. The median days on market is 54, showing that homes are selling relatively quickly in this area.
And finally, the median sold price in Prestonwood is $730,000. This gives you an idea of the current pricing trends in the area.
So, whether you’re a buyer or a seller, it’s important to stay informed about the market trends in Prestonwood. If you have any questions or are looking to make a move, feel free to reach out to me the phone number or email address below. Thanks for watching and stay tuned for more updates!
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Marie Sells Dallas 