REALTOR® with Ebby Halliday REALTORS here, bringing you the latest market update for November 2024 in Carrollton, Texas.

Let’s jump into the data. Currently, there are 2.79 Months Supply of Inventory in Carrollton. This means that if no new homes were to come on the market, it would take 2.79 months to sell all the existing homes. Over the last 12 months, we’ve seen a 45.31% increase in Months Supply of Inventory, indicating a slight shift in the market.

The List to Sold Price percentage is sitting at a strong 98.8%. This means that on average, homes are selling for 98.8% of their list price. Sellers can take comfort in knowing that they are likely to receive a fair offer on their home.

The Median days on market is 31, showing that homes are selling relatively quickly in Carrollton. Buyers should be prepared to act fast and make competitive offers in this market.

Lastly, the Median Sold Price in Carrollton is $456,500. This gives us a snapshot of the average price point in the area, providing valuable information for both buyers and sellers.

Overall, the market in Carrollton remains stable and active. Buyers and sellers alike can use this data to make informed decisions in their real estate transactions.

Thank you for stopping in to this market update. If you have any questions or are interested in buying or selling in Carrollton, feel free to reach out to me. Drop back for more updates and tips from Marie Walton, REALTOR®.