Sales Decline in Trophy Club Real Estate Market

In this week's report, the number of homes sold in the Trophy Club market slid to 20 over the past 30 days. It marked a decrease of 4.8% from last week's report and another period below the monthly average. On the other hand, close-by Fort Worth registered 900 homes sold in the same time frame, the most of all surrounding cities. The median sales price rose dramatically to $516,750 over the latest reporting period for Trophy Club, up from $419,900. In spite of the decrease in sales, a low two months of inventory signals that Trophy Club is a solid seller's market.

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Demographic facts about Trophy Club:

  • The median age of all homes in the area is 22 years old.
  • The job growth rating in this area is 85. (Scale: 1 = Worst, 100 = Best)
  • The average expenditures for each student in the area is $4,656. ($5,691 = national average)

Data reported through 10/12/2016

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Ask a local expert about this area:
Texas Home Finders
23 reviews
Keller Williams Realty
Snapped 5 homes in this area
Century 21 Mike Bowman, Inc.
Snapped 6 homes in this area

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