Ken Oenbrink - NTX Property Watch Report

Sachse, TX

Single-Family Homes

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



Sachse, TX

Fri Nov 15 2019
This week the median list price for Sachse, TX is $335,000 with the market action index hovering around 40. This is less than last month's market action index of 43. Inventory has held steady at or around 78. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Sachse, TX

Fri Nov 15 2019
This week the median list price for Sachse, TX is $335,000 with the market action index hovering around 40. This is less than last month's market action index of 43. Inventory has held steady at or around 78. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Sachse market.
Median List Price $335,000
Per Square Foot $127
Days on Market 70
Price Decreased 62%
Price Increased 1%
Relisted 8%
Inventory 78
Median Rent $2,160
Most Expensive $2,391,000
Least Expensive $214,999
Market Action 40
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
$499,500 4,089 0.25 - 0.5 acre 5 4 10 1 1 84
$399,000 3,372 0.25 - 0.5 acre 4 3 10 3 1 85
$297,450 2,599 8,000 - 10,000 sqft 4 2 19 1 2 69
$244,750 1,768 8,000 - 10,000 sqft 3 2 24 4 4 43