Ken Oenbrink - NTX Property Watch Report

Coppell, TX

Single-Family Homes

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



Coppell, TX

Mon Apr 22 2019
This week the median list price for Coppell, TX is $571,500 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 114. Click here to stay informed with the Coppell 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

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Coppell, TX

Mon Apr 22 2019
This week the median list price for Coppell, TX is $571,500 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 114. Click here to stay informed with the Coppell 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

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Coppell market.
Median List Price $571,500
Per Square Foot $169
Days on Market 101
Price Decreased 36%
Price Increased 2%
Relisted 9%
Inventory 114
Median House Rent $2,095
Most Expensive $2,695,000
Least Expensive $264,900
Market Action Index
Slight Seller's Advantage
42

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$937,500 4,720 0.25 - 0.5 acre 5 4 17 4 0 179
$625,000 3,804 8,000 - 10,000 sqft 4 4 22 3 2 94
$524,900 3,262 8,000 - 10,000 sqft 4 3 25 9 8 81
$399,900 2,266 6,500 - 8,000 sqft 3 2 29 7 9 55