COPPELL & GRAPEVINE – ONLY ONE MONTH SUPPLY OF LISTINGS!
Dallas Morning News reports that Coppell and Grapevine have the lowest inventory of preowned homes for sale in North Texas, with only a one-month inventory and dropping. Specialists explain that a six-month supply of inventory is a balanced market between buyers and sellers.
But a one-month inventory market puts the negotiating strength on the seller’s side with numerous homes selling for over list price. It causes for a high frustration with buyers. Coppell and Grapevine may see a healthy price increase in their market due to supply and demand.