Ken Oenbrink - NTX Property Watch Report

Richardson, TX

Single-Family Homes

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



Richardson, TX

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. Click here to stay informed with the Richardson market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Richardson, TX

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. Click here to stay informed with the Richardson market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Richardson market.
Median List Price $393,000
Per Square Foot $163
Days on Market 85
Price Decreased 43%
Price Increased 3%
Relisted 10%
Inventory 152
Median Rent $2,050
Most Expensive $1,550,000
Least Expensive $200,000
Market Action 49
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.

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
$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