Is 77019, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 77019 has remained a Seller's Market.
Housing Prices in 77019, TX
How much do homes in 77019, TX cost?
Median Sold Price
$664,500
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 77019 was $664,500 in April 2024, up 3% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $223.5K | $255K | +14.1% |
2 Bedrooms | $389K | $399.5K | +2.7% |
3 Bedrooms | $642.5K | $660K | +2.7% |
4 Bedrooms | $1.3M | $1.0M | -25.0% |
5+ Bedrooms | $3.0M | $5.1M | +65.5% |
Summary: 77019 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 65.5%.
Housing Supply in 77019, TX
How many homes are available in 77019, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
169 | 215 | +27.2% |
Summary: The 77019 real estate market had 215 homes for sale in April 2024, a 27.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 15 | -16.7% |
2 Bedrooms | 39 | 51 | +30.8% |
3 Bedrooms | 55 | 74 | +34.5% |
4 Bedrooms | 37 | 56 | +51.4% |
5+ Bedrooms | 20 | 19 | -5.0% |
Summary: The 77019 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 34.5%, 4 bedroom homes increased by 51.4%, and 5+ bedroom homes decreased by 5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 43 | +48.3% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in 77019 in April 2024, up by 48.3% month-over-month. Of the 43 sold homes, 72% were sold under asking, 12% were sold at asking, and 16% were sold over asking.
Days on Market for 77019, TX
How long does it take to sell a home in 77019, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 42 Days | -16.1% |
Summary: Homes in 77019 had an average of 42 days on market in Apr 2024, down by 16.1% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 43 homes were sold in 77019; 65% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.