We are already in 4th quarter of 2009. We began November with 154 homes on the market, down slighty (6%) with average # of days on the market of 56, up 14%. Year to Date through October, 337 homes sold, down 24% with the average sales price up 3% to $256,570. The total dollar volume through October is down 21% to $86,464,090. I wish there was better news to report.
In 2008, homes sold at higher average sales price of $247,593, up 3% over previous year, with more average days on the market (51) days up 13%. In 2008 , 486 homes sold, down 16% The total dollar volume for 2008 was $120,330,198, down 13%.
570 homes were sold in 2007, a decrease of 14% over the same period in 2006. The average sales price of $240,200, an increase of 5%. The total dollar volume spend in Grapevine on residential real estate in 2007 was $136,914,000. The best indicator of the market is Average Days on the Market; the DOM was 45 days, up 5% from 2006. With existing homes and new construction, the choice of homes available will delight new buyers. Come grow with us!!
ZIP Code: 76051 Location Characteristics: Grapevine is located in the center of the Dallas/Fort Worth Metroplex, 21 miles northwest of downtown Dallas and 19 miles northeast of downtown Fort Worth. The city is home to the Dallas/Fort Worth International Airport, the second busiest airport in the world in terms of passengers. Grapevine is one of the fastest growing communities in the Metroplex, attributed to several factors including the proximity to developing employment centers such as Las colinas in Irving and D/FW Internation airport, improved access to freeways leading to Dallas and Fort Worth, high-quality housing in well-planned subdivisions and a school district ranking high in acadamic achievements.
About Ann Anker:
Looking for a new home? Selling your existing home? Buying a vacation home or investment property? Moving to a new area of the state or another state?
I can help!!
I have over 30 years experience in sales, marketing and contract negotiations. These skills help me: # Assist you in buying the perfect home for you and your family with new construction or existing homes. I will familiarize you with the community, schools, and amenities of the area to help you with your neighborhood and property choice. # Market your home to achieve the best possible price for your house in the lease amount of time Exposure is the key to selling any property. Being affiliated with the largest real estate network in the world, Century 21, gives your property internet exposure unequaled in the industry. Century 21 Worldwide Office: Production Award Winner, Quality Award Winner, Top 1% of all Century 21 offices for Quality and Production.
Call me or email, I would love to help you with any and all of your Real Estate needs. 817-726-3839 annanker@sbcglobal.net
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
