Ken Oenbrink - NTX Property Watch Report

Sachse, TX

Single-Family Homes

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



Sachse, TX

Thu Jan 23 2020
This week the median list price for Sachse, TX is $364,400 with the market action index hovering around 43. This is an increase over last month's market action index of 38. Inventory has held steady at or around 46. Click here to stay informed with the Sachse market!

Market Action Index

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

Slight Seller's Advantage

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.

Sachse, TX

Thu Jan 23 2020
This week the median list price for Sachse, TX is $364,400 with the market action index hovering around 43. This is an increase over last month's market action index of 38. Inventory has held steady at or around 46. Click here to stay informed with the Sachse market!

Market Action Index

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

Slight Seller's Advantage

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 Sachse market.
Median List Price $364,400
Per Square Foot $131
Days on Market 106
Price Decreased 54%
Price Increased 2%
Relisted 7%
Inventory 46
Median Rent $1,900
Most Expensive $1,999,500
Least Expensive $220,000
Market Action 43
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$575,000 4,091 1 - 2.5 acres 4 3 7 1 1 129
$425,000 3,172 0.25 - 0.5 acre 4 3 11 0 1 143
$329,975 3,169 6,500 - 8,000 sqft 4 3 19 3 2 98
$261,250 1,942 8,000 - 10,000 sqft 4 2 22 5 8 59