Pamala Lambert - October 2024 | Market Report - KW Legacy

Page 1


What’s your home really worth in today’s market?

That's really the question you should be asking yourself.

Our market is incredibly diverse, and rapidly changing. Values vary not just by neighborhood, but by street. Your home isn't necessarily worth what your neighbors’ home is. At the end of the day, it’s the current market that sets the value of your home.

So, do you know what your home is worth today's market?

I can help...

Contact me for a confidential, no obligation assessment of your home's value.

This Is the Sweet Spot Homebuyers Have Been Waiting For

After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers— and it’s one that may not last long.

So, if you’ve put your own move on the back burner, here’s why maybe you shouldn’t delay your plans any longer.

As you weigh your options and decide if you should buy now or wait, ask yourself this: What do you think everyone else is going to do?

NORTH TEXAS AR

Collin

What's in t data?

The market for d 1,175 closed sale and 16.9% of pro price There was providing a 3.6-m 14 days on the m

The market for c 67 closed sales a 11.9% of propert There were 113 n month supply wi market without p

1,600 New Listings

ntial Homes

1,175 Closed Sales

3.6 Months of Supply

$495K Median Sales Price

16.9% Sold Above List Price

14 Not Price Reduced Days on Market

and Condo/Townhome Residences. Data warranted. ©2024 ChartMaster Services, LLC. All reproduced without the written permission of directed to Keller Williams Legacy. TREC# 2024. Each office is independently owned

New Listing 4.9 Months of Supp 11.9% Sold Above List Pric

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $495k as of September 2024

Condos & Townhomes

The median sales price was $385k as of September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 14 days on the market, without price reduction, as of September 2024

Condos & Townhomes

There was an average of 18 days on the market, without price reduction, as of September 2024.

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

16 9% of homes sold above their list price in September 2024

Condos & Townhomes

11 9% of homes sold above their list price in September 2024

*Note: Some historical data not available

NORTH TEXAS AREA

Dallas

What's in the data?

The market for detach 1,320 closed sales at and 23.9% of properti price There was a tot providing a 3.8-month 14 days on the marke

The market for condo 237 closed sales at a 20.7% of properties so There were 558 new l month supply with an market without price r

2,154 New Listings

al Homes

1,320 Closed Sales

3.8 Months of Supply

$370K Median Sales Price

23.9% Sold Above List Price

14 Not Price Reduced Days on Market

Condo/Townhome Residences. Data ©2024 ChartMaster Services, LLC. All without the written permission of to Keller Williams Legacy. TREC# Each office is independently owned

Sales

Dallas County

SEPTEMBER 2023 - SEPTEMBER 2024

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $370k as of September 2024

Condos & Townhomes

The median sales price was $313k as of September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 14 days on the market, without price reduction, as of September 2024

Condos & Townhomes

There was an average of 18 days on the market, without price reduction, as of September 2024.

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

23 9% of homes sold above their list price in September 2024

Condos & Townhomes

20 7% of homes sold above their list price in September 2024

*Note: Some historical data not available

NORTH TEXAS AREA

Denton County

What's in the Denton County data?

The market for detached residential units saw 1,025 closed sales at a median price of $465k and 19.5% of properties sold above their list price. There was a total of 1,492 new listings, providing a 3.7-month supply with an average of 18 days on the market without price reduction.

The market for condo and townhome units saw 32 closed sales at a median price of $400k and 18.8% of properties sold above their list price. There were 59 new listings, providing a 5.5-month supply with an average of 22 days on the market without price reduction.

DETACHED

Detached Residential Homes

1,492 New Listings

1,025 Closed Sales

3.7 Months of Supply

$465K Median Sales Price

19.5% Sold Above List Price

18 Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.

Denton County

SEPTEMBER 2023 - SEPTEMBER 2024

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $465k as of September 2024

Condos & Townhomes

The median sales price was $400k as of September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 18 days on the market, without price reduction, as of September 2024

Condos & Townhomes

There was an average of 22 days on the market, without price reduction, as of September 2024.

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

19 5% of homes sold above their list price in September 2024

Condos & Townhomes

18 8% of homes sold above their list price in September 2024

*Note: Some historical data not available

NORTH TEXAS AREA

Fannin Count

What's in the Counties data

The market for detach closed sales at a med 14.5% of properties s

There was a total of 1 7.1-month supply with the market without pr

There was no data av townhouse units for S

113 New Listings

62 Closed Sales

7.1 Months of Supply

$310K Median Sales Price

14.5% Sold Above List Price

27 Not Price Reduced Days on Market

Condo/Townhome Residences. Data ©2024 ChartMaster Services, LLC. All without the written permission of to Keller Williams Legacy. TREC# Each office is independently owned

CONDO

Condo & Townhomes

No data available for September 2024.

Fannin-Lamar Counties

SEPTEMBER 2023 - SEPTEMBER 2024

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $310k as of September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 27 days on the market, without price reduction, as of September 2024

Condos & Townhomes

No data available for September 2024.

*Note: Some historical data not available

14

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

NORTH TEXAS AREA

Grayson County

What's in the Grayson County data?

The market for detached residential units saw 185 closed sales at a median price of $360k and 14.6% of properties sold above their list price.

There was a total of 289 new listings, providing a 6.1-month supply with an average of 25 days on the market without price reduction.

There was no data available for condo and townhouse units for September 2024.

289 New Listings

185 Closed Sales

6.1 Months of Supply

$360K Median Sales Price

14.6% Sold Above List Price

25 Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.

CONDO

Condo & Townhomes

No data available for September 2024.

Grayson County

SEPTEMBER 2023 - SEPTEMBER 2024

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $360k as of September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 25 days on the market, without price reduction, as of September 2024

Condos & Townhomes

No data available for September 2024.

Sold Above List Price

Detached Residential Homes

14 6% of homes sold above their list price in September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

*Note: Some historical data not available

NORTH TEXAS AREA

Kaufman County

What's in the Kaufman County data?

The market for detached residential units saw 281 closed sales at a median price of $315k and 14.9% of properties sold above their list price.

There was a total of 414 new listings, providing a 5-month supply with an average of 23 days on the market without price reduction.

There was no data available for condo and townhouse units for September 2024.

414 New Listings

Homes

281 Closed Sales

5 Months of Supply

$315K Median Sales Price

14.9% Sold Above List Price

23 Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.

CONDO

Condo & Townhomes

No data available for September 2024.

Kaufman County

SEPTEMBER 2023 - SEPTEMBER 2024

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $315k as of September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 23 days on the market, without price reduction, as of September 2024

Condos & Townhomes

No data available for September 2024.

*Note: Some historical data not available

14 9% of homes sold above their list price in September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

NORTH TEXAS AREA

Rockw Count

What's in the Counties data

The market for detach

314 closed sales at a 13.4% of properties so There was a total of 5 5.6-month supply with the market without pr

There was no data av townhouse units for S

505 New Listings

314 Closed Sales

5.6 Months of Supply

$374K Median Sales Price

13.4% Sold Above List Price

24 Not Price Reduced Days on Market

Condo/Townhome Residences. Data ©2024 ChartMaster Services, LLC. All without the written permission of to Keller Williams Legacy. TREC# Each office is independently owned

No data available for September 2024.

t Counties

SEPTEMBER 2023 - SEPTEMBER 2024

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $374k as of September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 24 days on the market, without price reduction, as of September 2024

Condos & Townhomes

No data available for September 2024.

Sold Above List Price

Detached Residential Homes

13 4% of homes sold above their list price in September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

*Note: Some historical data not available

NORTH TEXAS AREA

Tarrant County

What's in the Tarrant County data?

The market for detached residential units saw 1,564 closed sales at a median price of $348k and 24% of properties sold above their list price. There was a total of 2,265 new listings, providing a 3.6-month supply with an average of 13 days on the market without price reduction.

The market for condo and townhome units saw 77 closed sales at a median price of $275k and 13% of properties sold above their list price. There were 125 new listings, providing a 5.3month supply with an average of 26 days on the market without price reduction.

DETACHED Detached

Residential Homes

2,265 New Listings

1,564 Closed Sales

3.6 Months of Supply

$348K Median Sales Price

24% Sold Above List Price

13 Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.

Condo & Townh

New Listings

5.3

Months of Supply $275K

Median Sales Price 13%

Sold Above List Price 26 Not Price Reduced Days on Market 77 Closed Sales

SEPTEMBER 2023 - SEPTEMBER 2024

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $348k as of September 2024

Condos & Townhomes

The median sales price was $275k as of September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 13 days on the market, without price reduction, as of September 2024

Condos & Townhomes

There was an average of 26 days on the market, without price reduction, as of September 2024.

*Note: Some historical data not available

24% of homes sold above their list price in September 2024

Condos & Townhomes

13% of homes sold above their list price in September 2024

*Note: Some historical data not available

Delta County

What's in the Delta County data?

The market for detached residential units saw 3 closed sales at a median price of $87k and 0% of properties sold above their list price. There was a total of 9 new listings, providing a 8.7-month supply with an average of 0 days on the market without price reduction.

There was no data available for condo and townhouse units for September 2024.

PARIS AREA

9 New Listings

3 Closed Sales

8.7 Months of Supply

$87K Median Sales Price

0% Sold Above List Price

0 Not Price Reduced Days on Market

Residential Homes and Condo/Townhome Residences. Data but is not warranted. ©2024 ChartMaster Services, LLC. All shall not be reproduced without the written permission of Questions may be directed to Keller Williams Legacy. TREC# Williams Legacy 2024. Each office is independently owned

CONDO

Condo & Townhomes

No data available for September 2024.

Delta County

SEPTEMBER 2023 - SEPTEMBER 2024

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

No data available.

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $87k as of September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 0 days on the market, without price reduction, as of September 2024

Condos & Townhomes

No data available for September 2024.

*Note: Some historical data not available

0% of homes sold above their list price in September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

Franklin County

What's in the Franklin County data?

The market for detached residential units saw 7 closed sales at a median price of $635k and 14.3% of properties sold above their list price.

There was a total of 6 new listings, providing a 7.1-month supply with an average of 40 days on the market without price reduction.

There was no data available for condo and townhouse units for September 2024

PARIS AREA

6 New Listings

7 Closed Sales

7.1 Months of Supply

$635K Median Sales Price

14.3% Sold Above List Price

40 Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.

CONDO

Condo & Townhome

No data available for September 2024.

lin County

SEPTEMBER 2023 - SEPTEMBER 2024

ntial Homes year-over-year ot available

No data available.

omes , year-over-year.

*Note: Some historical data not available

Detached Residential Homes

The median sales price was $635k as of September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 40 days on the market, without price reduction, as of September 2024

Condos & Townhomes

No data available for September 2024.

Sold Above List Price

Detached Residential Homes

14 3% of homes sold above their list price in September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

*Note: Some historical data not available

Hopkins County

What's in the Hopkins County data?

The market for detached residential units saw 22 closed sales at a median price of $219k and 13.6% of properties sold above their list price.

There was a total of 36 new listings, providing a 6.8-month supply with an average of 18 days on the market without price reduction.

There was no data available for condo and townhouse units for September 2024

PARIS AREA

36 New Listings

22 Closed Sales

6.8 Months of Supply

$219K Median Sales Price

13.6% Sold Above List Price

18 Not Price Reduced Days on Market

CONDO

Condo & Townhomes

No data available for September 2024.

Hopkins County

SEPTEMBER 2023 - SEPTEMBER 2024

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

No data available.

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $219k as of September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 18 days on the market, without price reduction, as of September 2024

Condos & Townhomes

No data available for September 2024.

*Note: Some historical data not available

13 6% of homes sold above their list price in September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

Lamar County

What's in the Lamar County data?

The market for detached residential units saw 35 closed sales at a median price of $295k and 20% of properties sold above their list price. There was a total of 54 new listings, providing a 6month supply with an average of 21 days on the market without price reduction.

There was no data available for condo and townhouse units for September 2024.

PARIS AREA

54 New Listings

35 Closed Sales

6 Months of Supply

$295K Median Sales Price

20% Sold Above List Price

21 Not Price Reduced Days on Market

Residential Homes and Condo/Townhome Residences. Data but is not warranted. ©2024 ChartMaster Services, LLC. All shall not be reproduced without the written permission of Questions may be directed to Keller Williams Legacy. TREC# Williams Legacy 2024. Each office is independently owned

CONDO

Condo & Townhomes

No data available for September 2024.

Lamar County

SEPTEMBER 2023 - SEPTEMBER 2024

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

No data available.

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $295k as of September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 21 days on the market, without price reduction, as of September 2024

Condos & Townhomes

No data available for September 2024.

Sold Above List Price

Detached Residential Homes

20% of homes sold above their list price in September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

*Note: Some historical data not available

8 New Listings

4 Closed Sales

10.5 Months of Supply

$134K Median Sales Price

0% Sold Above List Price

3 Not Price Reduced Days on Market

for Detached Residential Homes and Condo/Townhome Residences. Data be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# Copyright Keller Williams Legacy 2024. Each office is independently owned

Condo

No data available for September 2024.

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

No data available.

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $134k as of September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 3 days on the market, without price reduction, as of September 2024

Condos & Townhomes

No data available for September 2024.

*Note: Some historical data not available

0% of homes sold above their list price in September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

Titus Co

What's in the Titus data?

The market for detached res closed sales at a median pric 41 7% of properties sold abo There was a total of 24 new l 5.2-month supply with an ave the market without price redu

There was no data available townhouse units for Septemb

PARIS AREA

24 New Listings

5.2 Months of Supply

41.7% Sold Above List Price

12 Closed Sales

$234K Median Sales Price

52 Not Price Reduced Days on Market

Condo/Townhome Residences. Data ChartMaster Services, LLC. All written permission of Williams Legacy. TREC# independently owned

Condo

No data available for September 2024.

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

No data available.

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $234k as of September 2024

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 52 days on the market, without price reduction, as of September 2024

Condos & Townhomes

No data available for September 2024.

*Note: Some historical data not available

Condos & Townhomes

No data available for September 2024

*Note: Some historical data not available

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