Coppell, Texas remains one of the most desirable cities in The Dallas Fort Worth Metroplex, so unsurprisingly, homes for sale in Coppell continue to be in high demand. Coppell’s location is more than ideal: just north of Dallas/Fort Worth International Airport, in close proximity to both downtown Dallas and downtown Fort Worth. Take in the Dallas Mavericks at the American Airlines Center one night in downtown Dallas; and the next, slip on your cowboy boots and scoot over to the Fort Worth Stockyards for the sights and aroma of the rodeo. Arts, eateries, and open/interesting spaces are at hand;
world-class experiences are not a world away! Coppell offers residents the benefits of both major cities, with the close, intimate feel of the smaller Coppell community as home.
2011 saw median home prices in Coppell fall. 4%, from $278, 125 in 2010 to a current average of $277, 000. Meanwhile, the average list price for Coppell homes for sale rose 9. 4% to $358, 050. The days on market in 2011 was 84 days as opposed to 67 days in 2010; still, the days on market in Coppell is nothing compared to other areas of the country. Average price per square foot rose 2. 5%, from $115 in 2010 to $118 this year. Some analysts (especially in the media) talk about the gloom and doom of the real estate market, yet even in what is considered a down year, more Coppell homes sold in 2011: 476 homes already sold in 2011 compared to 474 Coppell homes sold in 2010.
Northlake Woodlands is a special subdivision in the heart of Coppell. As a diverse branch of the community, homes here range from the low $200, 000 to over a million, and they were built anywhere from to 1980’s to the present. Whatever price range fits your budget, chances are you can find it here. And, the area lives up to its “woodlands” name; if you like trees, this is the place. One of the allures of Northlake Woodlands is the local parks [http://patohomes.com/blog/post/coppell-nature-park], like Duck Pond Park located at 400 East Bethel School Road. The park includes 5 acres of land, a fun playground, a picnic area and the large pond. It’s a great place in the heart of Coppell, a spot to get away, soak up some rays and get rid of your old, stale bread to some hungry, soon to be filled, happy duck. Duck Pond Park is a place where residents come together, and it’s the combination of people and community that make this city such a special place.
There are several areas in Coppell seeing new construction. David Weekly is finishing up in Arbor Meadows and word is they will start another area soon. Homes in Arbor Meadow start at $600, 000 for a 5 bedroom, 4 bath home with a three car garage up to $790, 000. These newer Coppell home constructions sold quickly, so there are assuredly other projects soon to be in the works. New Patio Homes are being built at Bethel School Road and Denton Tap Road, and Old Coppell Town Homes off South Coppell Road has a few lots available.
Signs do point to the DFW market continuing to improve in 2012 for Coppell and for other areas of North Texas; home sales in North Texas have been up five months in a row. People continue to move here (in many cases because of the hope of finding a job), and businesses continue to locate here because of favorable real estate (as compared to California, Florida, and other areas) and the ways Texas continues to be support small and large businesses, as well as an educated work force. 75, 000 people moved to Texas in 2010 and the numbers continue to grow. Mortgage rates remain low, and although it can be more difficult to land a loan these days, it is well worth the hassle. The real estate deals are out there.
This is still a great time to be a first time homebuyer or, if you own a home now, to upsize or downsize, depending on your situation. You may not get top dollar for your present home but, when you buy right now, you also won’t pay top dollar for the new home. And, your mortgage rate will be low. All in all, it is a great time to make a move.