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The number of homes sold in October 2024 versus October 2023 increased by an average of 26.72% in the Grapevine-Colleyville-Southlake market year over year, according to data from the Collin County Area Realtors.
The details
Homes in Southlake saw the largest jump in homes sold from 18 bought in 2023 to 35 purchased in 2024.
Homes in Colleyville experienced the biggest increase in median home sale prices from October of last year to October 2024.
In a six-month period, Colleyville homes also had the largest difference in median home prices.
ZIP Code 76262 had homes on the market for an average of 69 days, a sharp increase from 2023.
Three ZIP codes saw an increase in average days on the market year over year in the area.
The number of homes under contract increased by 7% year over year.
Homes that were purchased for more than a $1 million made up nearly 35% of sold inventory.
