Dallas Area Residential Sales Report – Dallas Condos and Town Homes

Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS. Today, I’m here to give you a market update for December 2024 on condos and town homes in Dallas, Texas.

Let’s start with the Months Supply of Inventory. Currently, we have a 6.08 Months Supply of Inventory in Dallas. Over the last 12 months, we’ve seen a significant increase of 75.72% in the Months Supply of Inventory.

The List to Sold Price percentage is currently at 96.8%. This means that on average, homes are selling for 96.8% of their list price in Dallas.

The median days on market is 54 days. This is the average number of days it takes for a home to go from being listed to being sold in Dallas.

And finally, the median sold price in Dallas is $372,500. This is the middle point of all the home prices sold in Dallas.

It’s important for both buyers and sellers to stay informed about the market trends in order to make well-informed decisions. If you have any questions or need assistance with buying or selling a home in Dallas, feel free to reach out to me at the phone number or email address below.

Thank you and have a great day!