Grand Prairie Real Estate Market Sees Home Sales Decline

In this week's report, the number of homes sold in the Grand Prairie market dropped to 121 over the past 30 days. It marked a decrease of 8.3% from last week's report and another period below the monthly average. In comparison, nearby Fort Worth had 803 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $194,900, down from last week's $200,495. There are only two months of inventory available in Grand Prairie, so it's a strong seller's market, even with the decrease in sales.

You can be the one to discover a gem in Grand Prairie by checking out these new listings:

$149K   $125K   $263K  

Get started right now by checking out Grand Prairie homes for sale or reviewing Grand Prairie real estate trends.

Demographic facts about Grand Prairie:

  • There are a total of 58,171 households here.
  • The unemployment rate is 8.0%.
  • This area has an average school expenditure per student of $4,294. ($5,691 = national average)

Data reported through 1/11/2017

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Justin Henry Real Estate Advisors LLC
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Keller Williams Realty
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