Home Sales Down in Grand Prairie Real Estate Market

The Grand Prairie market pulled back with an 8.7% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 156.7 monthly average with 136 homes sold. Within the same time frame, Dallas had 917 sales, the most of all cities in the area. Prices are falling in Grand Prairie, and this period the median price of all sales fell from $179,900 to $175,500. There are only two months of inventory available in Grand Prairie, so it's a definite seller's market, even with the decrease in sales.

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Demographic facts about Grand Prairie:

  • The population growth rating is 66. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 291.2 per 100,000 people.
  • The health cost index score in this area is 100.0. (100 = national average)
  • 83.5% of the residents travel to work in an automobile, 11.3% via carpool, and 0.4% by way of public transit.

Data reported through 10/12/2016

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