Dallas Area Residential Sales Report – Dallas Condos and Town Homes

Hey there, everyone! Marie Walton here, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’ve got some exciting market updates for all you Buyers and Sellers out there on condos and town homes in North Dallas, Dallas, TX.

Let’s dive right in, shall we? Currently, we’re looking at a 6.47 Months Supply of Inventory in the area. And get this – over the last 12 months, Months Supply of Inventory has increased by a whopping 89.74%!

Now, when it comes to List to Sold Price percentage, we’re sitting pretty at 97.1%. That means homes are going for pretty close to their asking prices – definitely good news for Sellers.

If you’re wondering how long it takes for a condo or town home to sell in North Dallas, the median days on market is 38. That’s not too shabby at all!

And finally, the moment you’ve all been waiting for – the median Sold Price in North Dallas is $222,500. Now, remember, this is just the median price – there’s a wide range of homes available at different price points in the area.

So, there you have it, folks! Some key data points to keep in mind if you’re thinking about buying or selling in North Dallas. If you have any questions or need more information, feel free to reach out to me at the phone number or email address below. Thanks for tuning in, and happy house hunting!