
Hey everyone, Marie Walton here with Ebby Halliday REALTORS, bringing you your market update on condos and town homes for January 2025 in Knox Henderson, Dallas. Whether you’re a buyer or a seller, this information will help you stay informed and make the best decisions for your real estate needs.
Let’s dive into the data. Currently, we have a 4.46 Months Supply of Inventory in Knox Henderson. That means if no new condos and town homes were listed, it would take about 4.46 months to sell all the current condos and town homes on the market. Over the last 12 months, we’ve seen an increase of 83.54% in Months Supply of Inventory, indicating a shift in the market.
The Sold to List Price percentage is sitting at a strong 99.7%, showing that condos and town homes are selling close to their asking price. This can be helpful for both buyers and sellers to understand the market dynamics.
The median days on market is 50, which means that on average, condos or town homes are selling within 50 days of being listed. This is important to keep in mind when planning your real estate transactions.
Lastly, the median Sold Price in Knox Henderson is currently $590,000. This gives you an idea of the price range you can expect in this area.
So, whether you’re looking to buy or sell in Knox Henderson, Dallas, make sure to keep these numbers in mind. If you have any questions or need assistance navigating the real estate market, feel free to reach out to me at the phone number or email address below.
Thanks for tuning in, and happy condo hunting! See you next time.
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