As of November 2024, the Prosper, Texas housing market exhibits several notable trends:
Median Home Prices:
The median listing price is approximately $850,000, reflecting a 6.3% increase from November 2023.
The average home value stands at $817,425, marking a 2.5% rise over the past year.
Price Per Square Foot:
The median listing price per square foot is $254.
Inventory Levels:
There are 374 homes for sale, a 4.6% decrease from October 2024.
Days on Market:
Homes are selling after an average of 83 days, a significant reduction from 150 days in November 2023.
Market Competitiveness:
The Prosper housing market is considered somewhat competitive, with homes typically selling for about 3% below list price and going pending in around 61 days.
Comparison with Nearby Cities:
Prosper's median home price is higher than neighboring areas, such as Celina, where the median price is $629,900, indicating Prosper's status as a premium market within the region.
These metrics suggest a robust and appreciating market in Prosper, characterized by rising home values, decreasing inventory, and quicker sales compared to the previous year.
Call us at 469-269-6541 for more information about Prosper real estate!
About us: Prosper New Construction Expert Real Estate Agent
As a Top Real Estate Professional in Prosper, I understand the challenges that arise when buying a new construction home. There are over 100 builders in the DFW area. I work with most of the new home builders in Prosper and understand how various builders operate. I am familiar with the options they offer, current incentives and I frequently visit the upcoming communities they are building. I guide my clients through all steps of the new home construction process and aggressively protect their interests in the transaction.
As a holder of top real estate industry certifications and designations like CRS, ABR & GRI, I can offer my clients experience as a Buyer's Agent and REALTOR®, top Industry Customer Service, in-depth, up-to-the-minute and comprehensive market knowledge; honesty, integrity, dedication, and professionalism in my business.
Whether you are a first time buyer in Prosper looking to buy a home in Fields or whether you are relocating to Prosper from California or moving your entire family from areas like San Francisco, Fremont, Palo Alto, Los Angeles, San Diego in California due to job transfer with your company, I can help you find a new construction home in Prosper. Our relocation team eases the transition - whether you are moving across town or across the globe. We will work with you to find an area that best suits your professional, family and lifestyle needs. We have all the tools you need to help your home search. Whether it is video previews of homes, extended work hours, digital signatures for documents or more, we can make this process as comfortable as possible no matter where you are located.
What is most important to you in your new construction home in Fields in Prosper? Send us an email at info@NitinGuptaDFW.com or give us a call at (469) 269-6541 to schedule a no-obligation consultation. We’ll give you honest advice about Prosper that you can use to help make your home-buying decision.
