Ken Oenbrink - NTX Property Watch Report

Coppell, TX

Single-Family Homes

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



Coppell, TX

Mon Jan 20 2020
This week the median list price for Coppell, TX is $509,350 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 66. 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.

Slight Seller's Advantage

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

Mon Jan 20 2020
This week the median list price for Coppell, TX is $509,350 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 66. 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.

Slight Seller's Advantage

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 $509,350
Per Square Foot $170
Days on Market 162
Price Decreased 44%
Price Increased 5%
Relisted 8%
Inventory 66
Median Rent $2,100
Most Expensive $2,750,000
Least Expensive $247,500
Market Action 41
Slight Seller's Advantage

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
$754,950 4,235 0.25 - 0.5 acre 4 3 23 3 3 195
$553,950 3,604 8,000 - 10,000 sqft 4 3 26 1 3 138
$475,000 3,017 8,000 - 10,000 sqft 4 2 27 2 3 190
$349,000 2,013 4,500 - 6,500 sqft 3 2 36 2 5 124