GRAPEVINE, TEXAS - In the third quarter real estate report recently released from leading online home value site Zillow, it showed the US continued to experience home value declines. For the seventh consecutive quarter home values fell, declining 9.7 percent from a year ago in year-over-year home values (YoY). The Dallas metro area showed a very small home value appreciation from a year ago (+0.1%). Good news for some of our local residents, Grapevine, Texas was one of the area highlights with a +3.3% year-over-year gain.
Other Local Area Results:
City: Fort Worth, TX
One year change: +4.5%
City: Flower Mound, TX
One year change: +2.9%
City: Southlake, TX
One year change: +0.0% (Unchanged)
City: Keller, TX
One year change: -2.3%
City: Colleyville, TX
One year change: -4.6%
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Posted in City of Grapevine, Market Updates by MBYRealtyGroup : November 25, 2008 - 1:03am
November 25th, 2008 at 7:08 am
How have home values been in the N. Richland Hills area of Texas (76180) which I live in the New Grace Meadows area off of Precinct Line and Kirk?
Thanks
Gary
November 25th, 2008 at 10:53 am
Gary - Thanks for your question, according to the report NRH showed a very small decline of -1.5%, with a median home value of $157,198.
Melodi