Ken Oenbrink - NTX Property Watch Report

Sachse, TX

Single-Family Homes

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



Sachse, TX

Tue Feb 19 2019
This week the median list price for Sachse, TX is $347,250 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 62. Click here to stay informed with the Sachse 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

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

Tue Feb 19 2019
This week the median list price for Sachse, TX is $347,250 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 62. Click here to stay informed with the Sachse 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

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 $347,250
Per Square Foot $119
Days on Market 93
Price Decreased 52%
Price Increased 3%
Relisted 6%
Inventory 62
Median House Rent $1,848
Most Expensive $1,200,000
Least Expensive $210,000
Market Action Index
Slight Seller's Advantage
37

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
$469,900 4,035 0.25 - 0.5 acre 4 4 5 2 1 131
$375,000 3,420 8,000 - 10,000 sqft 4 3 7 3 1 92
$325,499 2,787 8,000 - 10,000 sqft 4 2 17 1 2 80
$265,000 2,030 8,000 - 10,000 sqft 3 2 21 1 5 73