Hello, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to bring you a market update for North Dallas in December 2024. Whether you’re a buyer or seller, staying informed about the market is crucial to making the best decisions for your real estate needs.
Let’s dive into the data. Currently, we have a 3.09 Months Supply of Inventory in North Dallas. This means that at the current pace of sales, it would take approximately 3.09 months to sell all the available homes on the market. Over the last 12 months, we’ve seen a 36.12% increase in Months Supply of Inventory, indicating a shift in the market dynamics.
The List to Sold Price percentage in North Dallas is currently at 97.6%. This tells us that, on average, homes are selling for 97.6% of their list price. This data can be helpful for sellers to understand the competitive pricing landscape in the area.
The median days on market in North Dallas is 52 days. This metric gives us an idea of how quickly homes are selling in the area. Buyers and sellers can use this information to gauge the level of activity and demand in the market.
Finally, the median sold price in North Dallas is $2,072,800. This figure represents the middle point of all the sold prices in the area, providing a snapshot of the overall market value.
As always, it’s important to consult with a professional REALTOR® like myself to get personalized advice tailored to your specific real estate goals. If you’re considering buying or selling in North Dallas, feel free to reach out to me for expert guidance. Thank you for stopping by, and come back for more updates on the North Dallas real estate market.
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Marie Sells Dallas 