Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS here in Princeton, Texas. Today, I want to give you a market update for November 2024.

Currently, we have a 3.9 Months Supply of Inventory in Princeton. This means that if no new homes were listed, it would take 3.9 months to sell all the homes on the market. Over the last 12 months, we’ve seen a 29.14% increase in Months Supply of Inventory.

The List to Sold Price percentage is at 97.7%. This indicates that homes in Princeton are selling for about 97.7% of their listing price on average.

The median days on market is 24. This means that half of the homes in Princeton are selling in less than 24 days, and half are selling in more than 24 days.

The median sold price in Princeton is $310,000. This is the midpoint of all the home prices sold in the area.

So, whether you’re a buyer or a seller, it’s important to stay informed about the market trends in Princeton. If you have any questions or are looking to buy or sell a home, feel free to reach out to me. I’ll see you next time with another market update.