I
n the affluent neighborhoods of Grapevine, Colleyville, and Southlake, a notable shift in real estate dynamics emerged in February. According to Collin County Area Realtors' data, a significant portion – nearly one-third – of homes sold during this period commanded prices exceeding $1 million.

    ZIP codes 76051, 76034, and 76262 demonstrated year-over-year growth in home sales, while ZIP code 76092 maintained a steady pace. Notably, the Colleyville area boasted an inventory surplus, with properties lingering on the market for an average of 106 days.

    A striking contrast emerged in median home sales prices across these areas: Colleyville residents witnessed a substantial increase, whereas Southlake residents faced a notable decline.