Hey there, everyone! Marie Walton here from Ebby Halliday REALTORS, bringing you a market update for November 2024 in Richardson, Texas. Whether you’re in the market to buy or sell, I’ve got some key data points to share with you today.
Let’s start with the Months Supply of Inventory. Currently, we have 3.3 months of inventory available in Richardson. Over the last 12 months, we’ve seen a 27.91% increase in inventory, which is great news for both buyers and sellers.
Next up, let’s talk about the List to Sold Price percentage. Right now, homes in Richardson are selling at 98% of their list price. This shows strong demand in the market and indicates a healthy balance between buyers and sellers.
Looking at the median days on market, we’re seeing homes in Richardson selling in just 34 days on average. This is a good indicator of the overall strength of the market and the level of interest from buyers.
And finally, let’s talk about the median sold price. In Richardson, the median sold price is currently sitting at $455,000. This is valuable information for both buyers and sellers to keep in mind when navigating the market.
So, whether you’re looking to buy or sell in Richardson, these key data points can help you make informed decisions. If you have any questions or need assistance with your real estate journey, feel free to reach out to me at 972-816-5197. Thanks for following, and happy house hunting!
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Marie Sells Dallas 