Ken Oenbrink - NTX Property Watch Report

Coppell, TX

Single-Family Homes

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



Coppell, TX

Thu Aug 06 2020
This week the median list price for Coppell, TX is $499,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 104. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Coppell, TX

Thu Aug 06 2020
This week the median list price for Coppell, TX is $499,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 104. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Coppell market.
Median List Price $499,000
Per Square Foot $173
Days on Market 79
Price Decreased 47%
Price Increased 0%
Relisted 6%
Inventory 104
Median Rent $2,150
Most Expensive $4,499,900
Least Expensive $259,000
Market Action 45
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
$924,450 4,692 0.25 - 0.5 acre 5 4 19 3 5 89
$559,850 3,424 8,000 - 10,000 sqft 4 3 26 5 4 115
$457,950 2,768 8,000 - 10,000 sqft 4 3 26 4 6 54
$352,000 1,952 6,500 - 8,000 sqft 3 2 35 6 4 57