We’ve have seen a quick start to the 2024 real estate season. The information and data below is intended to give you a glimpse at the 1st quarter 2024 market when compared to 2023’s 1st Quarter. This general information is intended to give you a brief overview. Not intended for sales use. If you’d like more details about how the market compares to your specific property, or potential purchase, we have multiple agents that can happily assist you. With that, let’s dive into the data.
(Excludes Juniper Ridge and Sanbar)
Single Family Homes
- 2023
- Average Days on Market: 153.7 days
- Average Closing Price: $1,329,143
- Average Square Footage: 2,910 sqft
- Average Cost per Square Foot: $463.49
- Average Acreage: 0.63 acres
- Sales Made: 7
- 2024
- Average Days on Market: 66.0 days
- Average Closing Price: $1,847,500
- Average Square Footage: 2,408 sqft
- Average Cost per Square Foot: $785.50
- Average Acreage: 0.49 acres
- Sales Made: 10
Condos/Townhomes
- 2023
- Average Closing Price: $325,000
- Average Square Footage: 840 sqft
- 2024
- Average Closing Price: $325,000
- Average Square Footage: 840 sqft
Summary
- Single Family Homes showed a noticeable improvement from 2023 to 2024 with an increase in average closing price and a decrease in days on market, alongside a small decrease in average acreage and square footage.
- Condos/Townhomes All condo sales were in the Cedar Crest community.
*Data gathered exclusively from North Texas Real Estate Information Services (NTREIS) MLS System as of 4/28/2024
Written by Matthew Renfro