Housing Prices in Preston Hollow, TX
How much do homes in Preston Hollow, TX cost?
Median List Price
$1,098,499
$360/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Preston Hollow has increased by 12.1% since last year.
Summary: The median home list price in Preston Hollow was $1,098,499 in March 2024, up 12.1% from the previous year, and the median price per square foot was $360.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $186.5K | +0.8% |
| 2 Bedrooms | $299.9K | $315K | +5.0% |
| 3 Bedrooms | $850K | $847.3K | -0.3% |
| 4 Bedrooms | $1.3M | $1.4M | +7.3% |
| 5+ Bedrooms | $2.5M | $2.9M | +16.7% |
Summary: Preston Hollow housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 16.7%.
Median List Price Compared To Nearby Neighborhoods
| Royal Crest | $2.1M | $2.7M | +30.8% |
| Preston Hollow | $980.2K | $1.0M | +12.1% |
| Royal Lane Condominiums | $344.5K | $342.5K | -0.6% |
Housing Supply in Preston Hollow, TX
How many homes are available in Preston Hollow, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 241 | 307 | +27.4% |
Summary: The Preston Hollow real estate market had 307 homes for sale in March 2024, a 27.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 12 | +71.4% |
| 2 Bedrooms | 45 | 59 | +31.1% |
| 3 Bedrooms | 66 | 66 | 0.0% |
| 4 Bedrooms | 64 | 81 | +26.6% |
| 5+ Bedrooms | 59 | 89 | +50.8% |
Summary: The Preston Hollow housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 71.4%, 2 bedroom homes increased by 31.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes increased by 50.8%.
Days on Market for Preston Hollow, TX
How long does it take to sell a home in Preston Hollow, TX?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 99 Days | 62 Days | -37.7% |
Summary: Homes in Preston Hollow had an average listing age of 62 days in Mar 2024, down by 37.7% compared to the previous year.
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