Grapevine Housing Market Update – February 2025
The Grapevine, Texas, real estate market has experienced key shifts as we move into February 2025. While home values remain strong, changes in inventory and market activity highlight important trends for buyers and sellers.
Current Market Overview
Median Sale Price: $559,000 (up 5.7% month-over-month)
Median Days on Market: 45 days (down 40% month-over-month)
Active Listings: 84 (down 16% month-over-month)
New Listings: 47 (no change month-over-month)
Property Values and Sales Trends
Median Estimated Home Value: $560,360 (down 0.1% month-over-month, up 2.9% year-over-year)
Median Listing Home Price: $550,000 (up 1.9% month-over-month)
Median Price per Square Foot: $266 (down 0.8% month-over-month)
Market Insights
The Grapevine housing market remains competitive, with home prices continuing to rise. The median sold price increased by 5.7% month-over-month, indicating ongoing demand. However, the median estimated home value dipped slightly by 0.1%, suggesting a potential stabilization in price appreciation.
Active listings declined by 16%, reducing available inventory for buyers. Meanwhile, the median days on market decreased by 40% to 45 days, signaling that homes are selling faster. This shift suggests strong buyer demand despite tightening inventory.
The months of inventory currently stand at 2.55, down 18% from the previous month. While Grapevine remains a seller’s market, the faster sales pace suggests buyers are acting quickly on available homes.
Key Takeaways for Buyers and Sellers
For Sellers: Home prices remain strong, and with homes selling faster, sellers may benefit from strong demand. Pricing competitively is still key.
For Buyers: Inventory is tightening, and faster sales mean buyers should be prepared to act quickly on well-priced properties to avoid losing out.
Grapevine’s housing market is evolving, and both buyers and sellers should closely monitor pricing trends and inventory shifts. Partnering with an experienced real estate professional can help navigate these changing conditions effectively.
