Hey everyone, it’s Marie Walton here from Ebby Halliday REALTORS, bringing you your latest market update for December 2024. Whether you’re a buyer or a seller, I’ve got some important data to share with you to keep you informed on what’s happening in the Dallas real estate market.
Let’s jump right in. Currently, we have a 3.78 Months Supply of Inventory in Dallas. That’s an increase of 23.53% over the last 12 months. What does this mean for you? Well, it’s a good idea to keep an eye on inventory levels as it can impact pricing and competition in the market.
Next up, we have the List to Sold Price percentage, which is sitting at a strong 98.7%. This tells us that sellers are getting close to their asking price, which is great news if you’re thinking about listing your home.
Now, let’s talk about the Median days on market, which is currently 48 days. This is a key metric to watch as it gives us an idea of how quickly homes are selling in the area. And finally, the Median Sold Price in Dallas is $482,500.
So, whether you’re in the market to buy or sell, it’s important to stay informed and understand the data. If you have any questions or are looking to make a move in the Dallas area, don’t hesitate to reach out to me. I’m here to help you navigate the real estate market with confidence.
Thanks for stopping by, and I’ll see you in the next update!
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Marie Sells Dallas 