Hey there, everyone! It’s Marie Walton, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’m here to give you a market update for December 2024 in Princeton, Texas.
Let’s dive right into the numbers, shall we? Currently, we have a 3.48 Months Supply of Inventory in Princeton. That’s important to know because it gives us an idea of how quickly homes are selling in the area. And speaking of which, over the last 12 months, our Months Supply of Inventory has increased by 45%.
Now, when it comes to the List to Sold Price percentage, we’re sitting at a solid 97.3%. This means that on average, homes are selling for 97.3% of their list price.
The median days on market in Princeton is 48 days. That’s just over a month, which is great news for sellers looking to move their homes quickly. And last but not least, the median Sold Price in Princeton is $307,000.
So, whether you’re a buyer or seller in the Princeton area, these numbers give you a good snapshot of the current market conditions. If you’re thinking about making a move, now is a great time to reach out to me for more personalized advice and guidance.
Thanks for dropping in, and I’ll see you in the next market update! Happy house hunting!
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Marie Sells Dallas 