Ken Oenbrink - NTX Property Watch Report

Coppell, TX

Single-Family Homes

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



Coppell, TX

Sun Apr 05 2020
This week the median list price for Coppell, TX is $489,700 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has held steady at or around 67. Click here to stay informed with the Coppell 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.

Coppell, TX

Sun Apr 05 2020
This week the median list price for Coppell, TX is $489,700 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has held steady at or around 67. Click here to stay informed with the Coppell 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 Coppell market.
Median List Price $489,700
Per Square Foot $178
Days on Market 96
Price Decreased 31%
Price Increased 3%
Relisted 10%
Inventory 67
Median Rent $2,100
Most Expensive $2,750,000
Least Expensive $275,000
Market Action 51
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
$949,000 4,705 0.5 - 1 acre 5 4 29 1 2 105
$525,000 3,299 8,000 - 10,000 sqft 4 3 28 3 1 181
$445,000 2,581 8,000 - 10,000 sqft 4 3 25 1 4 69
$309,000 1,734 6,500 - 8,000 sqft 3 2 36 8 5 28