Is People Active in Community Effort, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, People Active in Community Effort was a Seller's Market.
Key Takeaway
People Active in Community Effort is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in People Active in Community Effort, TX
How much do homes in People Active in Community Effort, TX cost?
Median Sold Price
$225,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in People Active in Community Effort have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in People Active in Community Effort was $225,000 in May 2024, down 4.3% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $208K | $211.4K | +1.7% |
| 3 Bedrooms | $224.2K | $209.4K | -6.6% |
| 4 Bedrooms | $257.5K | $247.4K | -3.9% |
| 5+ Bedrooms | $300K | $287K | -4.3% |
Summary: People Active in Community Effort housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Southwest | $175K | $190K | +8.6% |
| People Active in Community Effort | $235K | $225K | -4.3% |
| Springvale | $175K | $165K | -5.7% |
Housing Supply in People Active in Community Effort, TX
How many homes are available in People Active in Community Effort, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 96 | 115 | +19.8% |
Summary: The People Active in Community Effort real estate market had 115 homes for sale in May 2024, a 19.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 51 | 64 | +25.5% |
| 4 Bedrooms | 37 | 40 | +8.1% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The People Active in Community Effort housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 16 | -30.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in People Active in Community Effort, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in People Active in Community Effort in May 2024, down by 30.4% month-over-month. Of the 16 sold homes, 69% were sold under asking, 25% were sold at asking, and 6% were sold over asking.
Days on Market for People Active in Community Effort, TX
How long does it take to sell a home in People Active in Community Effort, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 38 Days | 35 Days | -8.8% |
Summary: Homes in People Active in Community Effort had an average of 35 days on market in May 2024, down by 8.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in People Active in Community Effort are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 16 homes were sold in People Active in Community Effort; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.