Coppell Real Estate Market

in Coppell,Dallas County

Coppell Real Estate Market

 

The Coppell real estate market has been sizzling hot in 2014. Year to date, there have been 400 sales in the Coppell real estate market, and 189 of those sales have sold at or above list price.  That is a staggering 47.3% of the sales in the Coppell real estate market that are selling at or above list price.  Compounding the hot real estate market in Coppell is the fact there is only a 1.9 month supply of homes currently on the market for sale.  A typical neutral real estate market, not a buyer’s market, and not a seller’s market, is a 6 month supply of homes for sale.  At the current 1.9  month’s supply of inventory of homes for sale, the Coppell real estate market is in a major seller’s market.  New listings that come on the market and show well are obviously getting multiple offers.

Sales of homes in the Coppell real estate market are actually down from a comparable time in year 2013, however, it is strictly a supply situation.  The average amount of time on the market in Coppell for homes for sale is 31 days, down 9% from 1 year ago.  So if you’re looking for a home in one of the best school districts in the Dallas-Fort Worth area, expect to pay list price or more in the current Coppell real estate market.

And if you have any questions about Coppell homes for sale please contact me at gerald@d-fwhomes.com or call 972-402-4124 or cell – 972-989-6999.  You can start your search for a Coppell home in upper right hand corner of this page or you can use the link below.

 

Current Coppell Homes For Sale

 

 

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