Ken Oenbrink - NTX Property Watch Report

Carrollton, TX

Single-Family Homes

Call or Text 972-816-1660 ken.oenbrink@gmail.com



Carrollton, TX

Mon Apr 22 2019
This week the median list price for Carrollton, TX is $358,700 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has held steady at or around 202. Click here to stay informed with the Carrollton market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Carrollton, TX

Mon Apr 22 2019
This week the median list price for Carrollton, TX is $358,700 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has held steady at or around 202. Click here to stay informed with the Carrollton market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Carrollton market.
Median List Price $358,700
Per Square Foot $151
Days on Market 59
Price Decreased 43%
Price Increased 6%
Relisted 4%
Inventory 202
Median House Rent $1,950
Most Expensive $924,900
Least Expensive $198,000
Market Action Index
Strong Seller's Market
50

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$554,644 3,542 6,500 - 8,000 sqft 4 3 4 8 3 67
$418,876 2,633 6,500 - 8,000 sqft 4 3 14 3 5 81
$319,000 2,149 6,500 - 8,000 sqft 4 2 33 9 5 47
$268,000 1,831 6,500 - 8,000 sqft 3 2 40 19 14 43