Dallas Area Residential Sales Report – Far North Dallas Neighborhood – Northwood Hills

[

Hello everyone, and welcome back to my market update for Northwood Hills neighborhood in Dallas, TX. I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to give you the latest data on the current real estate market in this area.

 

Let’s start off with the Months Supply of Inventory. Currently, we have 4.13 months of inventory available in Northwood Hills. Over the last 12 months, we’ve seen a 57.63% increase in the Months Supply of Inventory, indicating a slightly more balanced market.

The List to Sold Price percentage is currently at 97.3%, showing that sellers are still getting a good return on their properties in this area.

The median days on market for homes in Northwood Hills is 58 days, which is fairly typical for this market.

And finally, the median sold price for homes in this area is $957,000. This is a strong indicator of the overall value of properties in Northwood Hills.

So there you have it, the latest data on the real estate market in Northwood Hills. Whether you’re a buyer or a seller, it’s important to stay informed on the trends in your local market. If you have any questions or are interested in buying or selling in this area, feel free to reach out to me at the phone number or email address below.

Thanks for stopping by, and I’ll see you next time for another market update. Happy house hunting!

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.