Ken Oenbrink - NTX Property Watch Report

Prosper, TX

Single-Family Homes

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



Prosper, TX

Wed Jan 22 2020
This week the median list price for Prosper, TX is $489,900 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has held steady at or around 300. Click here to stay informed with the Prosper 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.

Prosper, TX

Wed Jan 22 2020
This week the median list price for Prosper, TX is $489,900 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has held steady at or around 300. Click here to stay informed with the Prosper 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 Prosper market.
Median List Price $489,900
Per Square Foot $152
Days on Market 123
Price Decreased 40%
Price Increased 16%
Relisted 5%
Inventory 300
Median Rent $2,373
Most Expensive $7,500,000
Least Expensive $248,539
Market Action 33
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
$749,900 4,458 0.25 - 0.5 acre 5 4 1 7 8 109
$549,900 3,690 0.25 - 0.5 acre 4 4 1 4 4 153
$459,000 3,208 8,000 - 10,000 sqft 4 3 1 9 10 115
$354,000 2,421 4,500 - 6,500 sqft 4 3 1 9 5 112