Is 78123, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78123 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 78123 was a Seller's Market.

Key Takeaway

78123 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78123, TX cost?

Median Sold Price

$830,000

$347/sqft

Based on all homes sold in October 2021.

Difference Since Last Month

+$290,000(+53.7%)

Key Takeaway

Homes in 78123 have sold for 53.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Oct 2021%
1 --
N/A
2 --
N/A
3 $467.5K$830K
+77.5%
4 $787.5K-
N/A
5+ --
N/A

How many homes are available in 78123, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
2017-15.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 00
0.0%
3 109
-10.0%
4 64
-33.3%
5+ 44
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
51-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78123, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Oct 2021%
39 Days92 Days+135.9%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 78123 are taking a long time to sell, it's a good idea to negotiate on homes here.

About 78123, TX

78123, TX has 17 homes for sale to choose from. The number of homes for sale in 78123, TX decreased by 15% between September 2021 and October 2021. While the average time on the market in October 2021 was 92 days, the median list price was $830,000. Listing prices have changed in this real estate market between October 2020 and October 2021: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties went up by 77.5%, 4 bedrooms properties prices increased by 0%, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory decreased by 10%, the quantity of 4 bedrooms homes went down by 33.3%, 5 bedrooms homes inventory did not change. While more than 0 listings in 78123, TX in October 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.