Sun Apr 05 2020
This week the median list price for Richardson, TX is $393,000 with the market action index hovering around 49. This is an increase over last month's market action index of 47. Inventory has held steady at or around 152.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$393,000|
|Per Square Foot||$163|
|Days on Market||85|
|Strong Seller's Market|
This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$556,995||3,241||0.25 - 0.5 acre||4||3||24||5||5||63|
|$442,000||2,760||8,000 - 10,000 sqft||4||3||28||2||4||110|
|$349,950||2,363||8,000 - 10,000 sqft||4||2||46||9||8||93|
|$286,250||1,804||8,000 - 10,000 sqft||3||2||56||6||11||71|