Pecan Acres median home valuations rose by 53.7% in the first quarter of 2021

Medium realestate5

The median assessed value of a home sold in the first quarter of 2021 in Pecan Acres rose by $155,724 while total valuation decreased by 28%, according to BlockShopper.com.

From January through March of 2021, there were 18 homes sold, with a median home valuation of $445,724 - a 53.7% increase over the $290,000 median valuation for the same period of the previous year. There were 25 homes sold in Pecan Acres in the first quarter of 2020.

The following table compares Pecan Acres to other Tarrant County cities with similar median home valuations in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median ValuationJan. - Mar. 2020 Median Valuation% change (Median Valuation)
Westlake10742.9%$1,369,998$1,853,073-26.1%
Westover Hills13128.3%$1,331,000$1,386,485-4%
Southlake189190-0.5%$636,702$634,507.500.3%
Flower Mound10-$566,542$0-
Colleyville180208-13.5%$453,608.50$473,599-4.2%
Pecan Acres1825-28%$445,723.50$290,00053.7%
Trophy Club440%$385,282.50$306,57925.7%
Keller2962834.6%$349,899.50$326,0007.3%
Haslet15147.1%$320,048$266,511.5020.1%
Dalworthington Gardens1516-6.3%$310,471$311,393.50-0.3%
Grapevine22620211.9%$294,374.50$293,001.500.5%

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