Grapevine TX Housing Market Update – March 2025
Grapevine’s housing market is entering spring with momentum. Homes are moving faster, buyer urgency is rising, and price per square foot continues to climb. However, a few subtle shifts—like a dip in sold prices and growing gaps in valuation—signal that timing and strategy now matter more than ever.
Here’s a full breakdown of where the market stands in March.
Market Supply: Inventory Rises, But Still Seller-Friendly
Months of Inventory: 3.13
Month-over-Month Change: +13.8%
12-Month Change: +76.8%
Inventory in Grapevine continues to rise sharply—up 13.8% from February and over 76% compared to this time last year. But at just 3.13 months of supply, the market still leans in favor of sellers.
The trend, however, is clear: more homes are hitting the market. Sellers still have the advantage—but that edge is softening. Expect more competition as we move deeper into spring.
Sales Pace: Homes Selling Rapidly
Median Days on Market: 25
Month-over-Month Change: -44.44%
Homes in Grapevine are selling fast. A 44% drop in median days on market shows that buyers are acting quickly on well-positioned listings—especially in the $450K–$600K price range.
This level of sales velocity suggests strong buyer motivation. If you're listing soon, capitalize on this momentum. For buyers, it’s a reminder: move quickly or risk missing out.
Pricing Trends: Sold Prices Dip, But Buyer Activity Strong
Median Sold Price: $534,750
Month-over-Month Change: -4.34%
Median Estimated Property Value: $551,830
Month-over-Month Change: -1.5%
12-Month Change: +1.2%
The median sold price declined in March—down 4.34% from February—while estimated values also slid. This softening could reflect seller concessions, a shift in buyer price tolerance, or fewer high-end transactions closing.
Despite the dip, homes are still moving quickly. It’s not a price crash—just a slight recalibration in a market that’s gaining listings and seeing buyers focus on value.
Price Per Square Foot: Buyers Still Paying More Per Foot
Sold Listings: $247/sqft (+1.2% MoM)
Active Listings: $266/sqft (+0.8% MoM)
Pending Listings: $268/sqft (+5.9% MoM)
The sharp increase in pending $/sqft shows that buyers are still willing to pay more—especially for updated, move-in-ready homes. The spread between actives and sold is tightening, suggesting less room for negotiation but strong follow-through on solid listings.
These trends highlight Grapevine’s continued desirability—and its price resilience, even with a brief dip in overall sales price.
Strategic Insights
For Sellers
Homes are selling fast, and buyer urgency is high—but don’t let that lead to overconfidence. The drop in sold prices and rise in inventory suggest that pricing too high can backfire. Prep your home, price accurately, and launch while competition remains low.
For Buyers
Inventory is climbing, but homes are also moving faster. Be prepared to act quickly when you find the right property, especially in the $400K–$700K range. The dip in median sold price could mean a window to buy slightly under value, especially if you’re ready to negotiate appraisal gaps or cosmetic issues.
For Investors
This is still a viable market for strategic flips or mid-term holds. Focus on properties in the $230–$245/sqft range with cosmetic upside. With DOM low and demand strong, updated homes can move fast—especially below $600K. Watch for homes with price reductions after 21+ days on market.
Final Thoughts
Grapevine remains a high-demand market with fast sales and solid $/sqft growth—but signs of softening are emerging. Prices dipped slightly, and inventory is building. Sellers still have control, but buyers are moving with confidence and speed.
Let’s use this data to build your real estate strategy—backed by numbers, not guesswork.
Gustavo Ramos
Realtor – Keller Williams Dallas Metro North
📞 (817) 876-3390
📧 gustavoramos@kw.com
🌐 gustavoramos.kw.com
