Ken Oenbrink - NTX Property Watch Report

Carrollton, TX

Single-Family Homes

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



Carrollton, TX

Mon Jan 20 2020
This week the median list price for Carrollton, TX is $360,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 133. Click here to stay informed with the Carrollton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Carrollton, TX

Mon Jan 20 2020
This week the median list price for Carrollton, TX is $360,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 133. Click here to stay informed with the Carrollton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Carrollton market.
Median List Price $360,000
Per Square Foot $151
Days on Market 79
Price Decreased 44%
Price Increased 6%
Relisted 5%
Inventory 133
Median Rent $1,995
Most Expensive $699,997
Least Expensive $180,000
Market Action 46
Strong Seller's Market

The market is 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
$499,900 3,446 8,000 - 10,000 sqft 4 3 6 5 2 103
$389,000 2,489 6,500 - 8,000 sqft 3 2 23 6 6 70
$315,000 2,156 8,000 - 10,000 sqft 4 2 35 6 11 86
$258,000 1,730 6,500 - 8,000 sqft 3 2 43 13 7 55