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Irving/Las Colinas Real Estate Q1 Recap: Home Sales Dip, Sale Prices Surge

The first quarter saw a 22% drop in home sales while the lack of supply drove sales prices up 15% from the end of Q4 2021. Below are the Q1 stats:

Homes sold- 256
Median SQFT/Home- 2061sqft
Median Year Built- 1984
Median Acres- .17 Acres
Median $/SQFT- $199.27
Median Listing Price- $367,500
Median Sales Price- $379,750
Median Sales Price vs. Listing Price %- 103%
Median Days on Market- 7 Days

(All information is provided by NTREIS. Statistics range from 1/1/22-3/31/22).