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  CONDITIONS™
By Local Real Estate Experts  

Market Conditions for Keller, Texas

Reported by Donna Kolisnyk, ABR, ALHS, CHMS

Updated February 14, 2011.

Current Market Rating: 3




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Current Price Trend: 4




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Keller is an affluent city located in Tarrant County, Texas (USA). It is a wealthy northern suburb of the city of Fort Worth and is part of the Dallas-Fort Worth Metroplex. The population is 37,685 at the year of 2007, but 2010 estimates have been released and been reported as the population will be reaching 40,127.

The Keller real estate market update for October 2010 shows that 41 homes were sold in the month of October with an average sales price of $338,107, a 19% increase over October 2009.

The average Keller, TX home sold in October 2010 sold for $101 per sqaure foot and took 77 days to sell.

There are currently 379 homes for sale in Keller, TX ranging from the home at 2015 Ottinger Rd., listed for $2,690,000 on the high end to the home at 221 Sorrel Trail, listed for $87,000 on the low end.

The Keller real estate market has experienced 544 homes sold from Jan 1- Oct 31, 2010, a 4% decrease over 2009.

If you are looking for executive or luxury homes that are for sale in northern Tarrant County, there would be no better place than Keller to start your search. Keller prides itself on offering "a country atmosphere with small city friendliness" and new residential real estate development is expanding the city in all directions. Housing options available in Keller, including elegant country estates and upscale production and custom luxury homes built in both suburban and semi-rural neighborhoods, make it one of the best places to buy a home in the DFW metroplex.

Compared to previous year sales, on average, prices of Keller previously occupied, single-family homes sold during the three months ending December 31, 2010 decreased 2.2 percent

Median sales price of the Keller homes sold $290,000 ... home prices ranged from $76,500 to $950,000 ... average house size 3,310 square feet, average price per square foot $104.00 and average house age 14.2 years

CNN's MONEY Magazine has rated Keller, TX the 7th best place to live in America in its Top 100 Places to Live.

"I am pleased that Keller is gaining national attention for the many things residents already know," Mayor Pat McGrail said. "We have big-city conveniences and amenities, but remain firmly planted in our small-town roots."

Towns are ranked by looking at the strength of their economies, public schools, home values, unemployment rates, amenities that enrich the quality of life, crime rates and other attributes.




Company: Prudential Worldwide REALTORS®
Phone: 682-553-8088
Email: donnak4homes at gmail dot com

Navigate: Top > Texas > Keller

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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