Ken Oenbrink - NTX Property Watch Report

Lewisville, TX

Single-Family Homes

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



Lewisville, TX

Wed Aug 12 2020
This week the median list price for Lewisville, TX is $322,500 with the market action index hovering around 77. This is an increase over last month's market action index of 71. Inventory has held steady at or around 69. Click here to stay informed with the Lewisville market!

Market Action Index

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

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.

Lewisville, TX

Wed Aug 12 2020
This week the median list price for Lewisville, TX is $322,500 with the market action index hovering around 77. This is an increase over last month's market action index of 71. Inventory has held steady at or around 69. Click here to stay informed with the Lewisville market!

Market Action Index

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

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 Lewisville market.
Median List Price $322,500
Per Square Foot $150
Days on Market 66
Price Decreased 26%
Price Increased 4%
Relisted 3%
Inventory 69
Median Rent $1,700
Most Expensive $1,195,000
Least Expensive $174,900
Market Action 77
Strong Seller's Market

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
$395,000 2,933 6,500 - 8,000 sqft 4 3 6 6 0 69
$334,950 2,128 4,500 - 6,500 sqft 3 2 23 4 2 91
$309,000 2,069 4,500 - 6,500 sqft 3 2 25 6 5 50
$229,950 1,490 6,500 - 8,000 sqft 3 2 46 11 7 53