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Grand Prairie, TX Real Estate Market Statistics for May 2016

By
Real Estate Agent with Lisa Von Domek Team TX License #0552989

The low inventory trend in available homes for sale continues for Grand Prairie, with available resale homes below that of the prior two years:

 

 

New construction homes posted another increase in available inventory from 2014 and 2015:

 

 

 

   

And although the median price fluctuates month to month, it is exciting to see that the median home price
per foot continues to rise for the Grand Prairie Real
Estate market overall:

 

 

 

 

  

 

Are you ready to search for your new Grand Prairie area Dream Home?     

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Comments (8)

Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Lisa Von Domek  Great market report for Grand Praire ... I am finding the same in my area low inventory

Jun 11, 2016 03:29 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Lisa, excellent reporting on Grand Prairie, TX. We have many lower inventory areas at this time too.

Jun 11, 2016 04:04 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Lisa

Buyers in Grand Prairie Texas . . . . are in a real estate market that calls for making buying decisions.

Good luck and success.

Lou Ludwig

Jun 11, 2016 07:56 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Lisa I hope the inventory picks up before it starts to have a noticeable impact on sales.

Jun 11, 2016 10:15 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Our low inventory across the Dallas area is causing many buyers headaches Hannah Williams 

Jun 14, 2016 11:50 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Thank you Noah Seidenberg and I bet you have some frustrated buyers in those areas too!

Jun 14, 2016 11:51 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

If they snooze they lose Lou Ludwig 

Jun 14, 2016 11:51 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

It's a strange dichotomy George Souto inventory is low but sales are up!

Jun 14, 2016 11:52 AM