Coppell Home Values

  • Coppell home sales were up 19% in June 2014

    Coppell home sales were up 19% in June 2014 compared to the same month last year with 76 homes selling this month. So far this year, there have been 294 home sales, which is a decrease of 9% from last year.

    New real estate listings in the Coppell area have decreased 8%, with 79 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 1%, with 426 homes listed. The number of listings under contract decreased 15% this month, with 59 homes contracted. The number of listings under contract for the year to date decreased 13%, with 327 homes under contract. The current supply of active listings on the market this month was 117 homes, a 21% increase from the same month last year. There was a 2.4 month supply of homes on the market, which is a 28% increase from last year.

    The average sales price of a home in the Coppell area this month was $345,752, down 7% from this month last year. For the year 2014, the average sales price was up 2%, at $354,629. On average, sellers have received 99% of their asking price this month, which is an increase of 3% from last year. For the year to date, sellers received 98% of their asking price, a change of 1%. This month, homes spent an average of 24 days on the market until sold, which represents a decrease of 6% from last year. For the year to date, the average number of days on the market was 37, a decrease of 8%.

    Coppell real estate information, known as MLS Area 21, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of June 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Coppell Texas homes, foreclosures, and short sales to find homes in Coppell. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Coppell Texas Real Estate June 2014

    By Bob Baesmann

  • Coppell home sales were down 26% in May 2014

    Coppell home sales were down 26% in May 2014 compared to the same month last year with 58 homes selling this month. So far this year, there have been 215 home sales, which is a decrease of 17% from last year.

    New real estate listings in the Coppell area have increased 13%, with 94 homes listed this month, compared to the same period last year. So far this year, overall home listings have increased 0%, with 347 homes listed. The number of listings under contract decreased 6% this month, with 67 homes contracted. The number of listings under contract for the year to date decreased 13%, with 265 homes under contract. The current supply of active listings on the market this month was 111 homes, a 29% increase from the same month last year. There was a 2.3 month supply of homes on the market, which is a 40% increase from last year.

    The average sales price of a home in the Coppell area this month was $378,588, up 9% from this month last year. For the year 2014, the average sales price was up 5%, at $357,458. On average, sellers have received 99% of their asking price this month, which is an increase of 1% from last year. For the year to date, sellers received 97% of their asking price, a change of 1%. This month, homes spent an average of 33 days on the market until sold, which represents an increase of 17% from last year. For the year to date, the average number of days on the market was 41, a decrease of 4%.

    Coppell real estate information, known as MLS Area 21, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of May 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Coppell Texas homes, foreclosures, and short sales to find homes in Coppell. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Coppell Texas Real Estate May 2014

    By Bob Baesmann

  • Top 10 Coppell, Texas Subdivisions ranked by Home Sales

    We’ve ranked the top 10 subdivisions in Coppell, Texas based on home sales in 2013. The Meadows subdivision topped the list in total dollar sales in 2013, selling $45.3 million dollars in homes. There were 250 homes sold at an average sales price of $181,211. Second on the list in total dollar sales was Northlake Woodlands, selling $21.5 million dollars in homes. 65 homes were sold in Northlake Woodlands, at an average sales price of $331,451. Lakewood Estates ranks third on the list of total dollar sales at $19.2 million. There were 66 homes sold in Lakewood Estates, with an average sales price of $292,306.

    Woodridge was fourth on the list of total dollar sales in 2013, selling $14.1 million dollars in homes. There were 77 homes sold at an average sales price of $183,708. Next on the list in total dollar sales was Waterside Estates, selling $5.1 million dollars in homes. 13 homes were sold in Waterside Estates, at an average sales price of $396,310. Oakbend ranks sixth on the list of total dollar sales at $4.4 million. There were 13 homes sold in Oakbend, with an average sales price of $339,231. Pecan Hollow was seventh on the list of total dollar sales in 2013, selling $4 million dollars in homes. There were 14 homes sold at an average sales price of $291,779. Next on the list in total dollar sales was Shadow Ridge Estates, selling $3.6 million dollars in homes. 14 homes were sold in Shadow Ridge Estates, at an average sales price of $262,880. Villages of Coppell ranks ninth on the list of total dollar sales at $3.5 million. There were 14 homes sold in Villages of Coppell, with an average sales price of $252,607. Tenth place in total dollar home sales in Coppell, Texas for 2013 was River Ridge, with $3.5 million dollars in homes sold. There were 17 homes sold in River Ridge, at an average sales price of $206,003.

    These are the Top 10 subdivisions, ranked by Home Sales, in Coppell, Texas. Coppell has a population of 25,898, and is roughly 18.6 square miles in size near Lake Coppell, located in Denton county on the far north side of Dallas. Overall home sales in Coppell, Texas are at 614 homes sold, with an average sales price of $332,885. On average, sellers received 95% of their asking price, with homes spending an average of 35 days on the market. Coppell is known as area 31 in the North Texas Real Estate Information System. This information this report is believed reliable, but is only as accurate as reported by the system in the month of December 2013.

  • Coppell home sales were down 5% in February 2014

    By Bob Baesmann

    Coppell home sales were down 5% in February 2014 compared to the same month last year with 37 homes selling this month. So far this year, there have been 63 home sales, which is an increase of 2% from last year.

    New real estate listings in the Coppell area have decreased 36%, with 41 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 24%, with 84 homes listed. The number of listings under contract decreased 26% this month, with 39 homes contracted. The number of listings under contract for the year to date increased 26%, with 77 homes under contract. The current supply of active listings on the market this month was 67 homes, a 13% decrease from the same month last year. There was a 1.3 month supply of homes on the market, which is a 21% decrease from last year.

    The average sales price of a home in the Coppell area this month was $321,475, down 9% from this month last year. For the year 2014, the average sales price was up 1%, at $358,864. On average, sellers have received 97% of their asking price this month, which is an increase of 2% from last year. For the year to date, sellers received 96% of their asking price, a change of 1%. This month, homes spent an average of 33 days on the market until sold, which represents a decrease of 45% from last year. For the year to date, the average number of days on the market was 43, a decrease of 28%.

    Coppell real estate information, known as MLS Area 21, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of February 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from the Coppell Home Values Report. Search Coppell Texas homes, foreclosures, and short sales to find homes in Coppell. Research current Coppell home values at Coppell Home Values. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Coppell Texas Real Estate February 2014

  • Home Sales Trends in 2013 for the Woodridge subdivision – Coppell, Texas

    Home Sales in the Woodridge subdivision in Coppell, Texas have been brisk in 2013, with 77 homes sold. The homes sold were built between 1974 and 2013, and the average sales price for a home in the Woodridge subdivision was $183,708 . The lowest sale was at $29,000 and the highest sale was at $385,000.

    The average size of a home in the Woodridge subdivision is 1,777 sq. ft., with the smallest at 1,176 sq. ft. and the largest at 3,207 sq. ft. Homes in the Woodridge subdivision sold, on average, in 18 days. The quickest sale took 12 day and the longest sale 208 days. The average price per square foot for a home in the Woodridge subdivision is $106.06.

    Overall home sales in Coppell, Texas are at 614 homes sold, with an average sales price of $332,885. On average, sellers received 95% of their asking price, with homes spending an average of 35 days on the market.

    The Woodridge subdivision is located in Coppell, Texas. Coppell has a population of 25,898, and is roughly 18.6 square miles in size near Lake Coppell, located in Denton county on the far north side of Dallas. The population of Coppell grew by 610% between 2000 and 2010, ballooning from 3,646 to 25,898, making the city one of the fastest growing not only in the state of Texas, but also in the United States. Coppell is known as area 31 in the North Texas Real Estate Information System. This information this report is believed reliable, but is only as accurate as reported by the system in the month of December 2013.

    DFW Team Realty is your local expert specializing in home sales in the Woodridge subdivision, as well as home foreclosures and short sales in the Woodridge subdivision. If you are looking to buy or sell a home in the Woodridge subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

    By Bob Baesmann

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