$10,000 Closing Credit*
$1,995,000
2,873 SqFt
4 Beds
•3 Full Baths
Mark Cain, Brayden Knutson, Listing Office: Compass RE Texas, LLC.
Housing Prices in Preston Hollow, TX
How much do homes in Preston Hollow, TX cost?
Median List Price
$1,198,666
$377/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$234,738(+24.4%)
Key Takeaway
The list price of homes in Preston Hollow has increased by 24.4% since last year.
Summary: The median home list price in Preston Hollow was $1,198,666 in November 2024, up 24.4% from the previous year, and the median price per square foot was $377.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $188K | $177.2K | -5.7% |
| 2 Bedrooms | $315K | $313.7K | -0.4% |
| 3 Bedrooms | $850K | $949.5K | +11.7% |
| 4 Bedrooms | $1.3M | $1.4M | +3.1% |
| 5+ Bedrooms | $2.7M | $2.9M | +9.1% |
Summary: Preston Hollow housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 9.1%.
Median List Price Compared To Nearby Neighborhoods
| Preston Hollow | $963.9K | $1.1M | +24.4% |
| Royal Lane Condominiums | $347.5K | $332.5K | -4.3% |
| Preston Park | $1.2M | $1.1M | -12.3% |
Housing Supply in Preston Hollow, TX
How many homes are available in Preston Hollow, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 334 | 338 | +1.2% |
Summary: The Preston Hollow real estate market had 338 homes for sale in November 2024, a 1.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 20 | +33.3% |
| 2 Bedrooms | 74 | 80 | +8.1% |
| 3 Bedrooms | 69 | 64 | -7.2% |
| 4 Bedrooms | 90 | 77 | -14.4% |
| 5+ Bedrooms | 86 | 97 | +12.8% |
Summary: The Preston Hollow housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 8.1%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes increased by 12.8%.
Days on Market for Preston Hollow, TX
How long does it take to sell a home in Preston Hollow, TX?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 128 Days | 82 Days | -35.9% |
Summary: Homes in Preston Hollow had an average listing age of 82 days in Nov 2024, down by 35.9% compared to the previous year.
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