The following information is based upon 2008 and 2007 MLS activity data for Grapevine, Texas.  

Number of Homes Sold  
2008 - 486 (-13%)
2007 - 559

Average Sale Price
2008 - $247,600 (+3.1%)
2007 - $240,100

Average DOM (Days on Market)
2008 - 51 (+7 Days)
2007 - 44

Grapevine finished the year with a small decrease in number of homes sold.   While the average sale price for a home increased slightly, it took about a week longer to sell.

For a local market analysis of homes in your neighborhood, click here to request our FREE Market Snapshot.