Hey there, everyone! Marie Walton here from Ebby Halliday REALTORS, bringing you the latest market update for December 2024 in Richardson, Texas.
Let’s dive right in! Currently, we have a 2.73 Months Supply of Inventory in Richardson. This means that if no new homes were listed, it would take just over 2 and a half months to sell all the homes on the market. Over the last 12 months, we’ve seen a 32.52% increase in Months Supply of Inventory.
The List to Sold Price percentage in Richardson is currently sitting at 97.2%. This means that, on average, sellers are getting 97.2% of their asking price when they sell their home.
The median days on market in Richardson is 41 days. This is the amount of time it takes for a home to go from being listed to being sold.
And finally, the median sold price in Richardson is $449,000. This is the middle point of all the homes sold in the area, so half of the homes sold for more and half sold for less.
So there you have it, folks! That’s the latest market update for Richardson, Texas in December 2024. If you’re thinking about buying or selling a home, be sure to reach out to me a REALTOR® for personalized advice based on your individual situation. Thanks for watching and happy house hunting!
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Marie Sells Dallas 