Hello everyone, and welcome back to another market update from Ebby Halliday REALTORS. I’m Marie Walton, here to provide you with the latest data for buyers and sellers of condos in the Knox Henderson area of Dallas.
Let’s start with inventory levels. Currently, we have a 2.75 Months Supply of Inventory in Knox Henderson. Over the last year, we’ve seen a 71.88% increase in inventory, which is something both buyers and sellers should keep in mind.
Next, let’s talk about List to Sold Price percentage. Right now, homes in Knox Henderson are selling at 98.9% of their listing price. This indicates a strong market where sellers are able to get close to their asking price.
If you’re looking to sell your home, you’ll be pleased to know that the median days on market is 24 in Knox Henderson. This means that homes are selling relatively quickly in this area.
And finally, let’s discuss the median sold price in Knox Henderson, which currently sits at $506,000. This figure gives buyers and sellers an idea of the price range they can expect in this market.
Thank you for tuning in to this market update. If you’re considering buying or selling a condo in Knox Henderson, be sure to reach out to a professional REALTOR® who can guide you through the process. Stay informed, stay engaged, and happy house hunting!
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