Is Pinehurst, 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, Pinehurst was a Seller's Market.
Housing Prices in Pinehurst, TX
How much do homes in Pinehurst, TX cost?
Median Sold Price
$340,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pinehurst was $340,000 in May 2024, down 20.9% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $188K | N/A |
3 Bedrooms | $275K | $265K | -3.6% |
4 Bedrooms | $500K | $480K | -4.0% |
5+ Bedrooms | $645K | $712K | +10.4% |
Summary: Pinehurst 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 did not change, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Cities
Tomball | $374.5K | $378.1K | +1.0% |
Northwest Harris | $335.1K | $338.2K | +0.9% |
Pinehurst | $430K | $340K | -20.9% |
Housing Supply in Pinehurst, TX
How many homes are available in Pinehurst, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 58 | +20.8% |
Summary: The Pinehurst real estate market had 58 homes for sale in May 2024, a 20.8% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 15 | 19 | +26.7% |
4 Bedrooms | 25 | 29 | +16.0% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Pinehurst 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 remained the same, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 4 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Pinehurst in May 2024, down by 60.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Pinehurst, TX
How long does it take to sell a home in Pinehurst, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
86 Days | 8 Days | -90.7% |
Summary: Homes in Pinehurst had an average of 8 days on market in May 2024, down by 90.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Pinehurst; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.