The Manor TX January 2025 Market Update is currently showing a healthy balance between supply and demand. With a Months Supply of Inventory at 3.54, this indicates that there is a moderate level of inventory available for buyers to choose from. However, the 12-Month Change in Months of Inventory has increased by +5.67%, suggesting a slight uptick in inventory levels over the past year.
Despite this increase in inventory, the Median Days Homes are On the Market remains relatively low at 47 days, indicating that properties are selling quickly. Additionally, the Sold to List Price Percentage is strong at 97.5%, showing that sellers are able to secure offers close to their asking price.
According to the Manor TX January 2025 Market Update, the Median Sold Price of $349,950 reflects a stable and competitive market for both buyers and sellers. Overall, these metrics suggest a balanced market with opportunities for both parties to achieve their real estate goals. Buyers can expect a variety of options to choose from, while sellers can benefit from a high level of interest and strong pricing.
If you would like to know more about what is happening in your particular area, let’s schedule some time to speak. Each market is different and there are micro markets that may provide additional insight. My team and I at Uncommon Realty are here to help you. I look forward to discussing what is going on with your area.
