Dallas Area Residential Sales Report – Denton Condos and Town Homes

Hey there, everyone! Marie Walton here with Ebby Halliday REALTORS, bringing you your monthly market update for December 2024 on condos and town homes in Denton, Texas.

Let’s dive into the data, shall we?

Currently, we have a 4.31 Months Supply of Inventory in Denton. That means if no new homes were listed, it would take 4.31 months to sell all the homes on the market. Over the last year, we’ve seen a 39.03% increase in Months Supply of Inventory.

Our List to Sold Price percentage is sitting at a solid 97.7%. This shows that sellers are getting close to their asking price, which is great news for both buyers and sellers.

Now, the Median days on market is 85 days. This is the amount of time it takes for a home to go from listing to sold. And the Median Sold Price in Denton is currently $292,100.

So, there you have it, folks! That’s your market update for December 2024. If you’re thinking about buying or selling in Denton, these numbers can give you a good idea of what to expect.

As always, if you have any questions or need assistance navigating the real estate market, feel free to reach out to me at the phone number or email address below.