Is 78619, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 78619 was a Seller's Market.
Housing Prices in 78619, TX
How much do homes in 78619, TX cost?
Median Sold Price
$950,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78619 was $950,000 in March 2024, down 11.6% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $295K | N/A |
2 Bedrooms | $975K | $971.6K | -0.3% |
3 Bedrooms | $817K | $760K | -7.0% |
4 Bedrooms | $1.1M | $1.0M | -13.0% |
5+ Bedrooms | $1.8M | $1.1M | -39.3% |
Summary: 78619 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 39.3%.
Housing Supply in 78619, TX
How many homes are available in 78619, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 40 | -2.4% |
Summary: The 78619 real estate market had 40 homes for sale in March 2024, a 2.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 13 | 11 | -15.4% |
4 Bedrooms | 22 | 22 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 78619 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 78619 in March 2024, the same as the previous month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 78619, TX
How long does it take to sell a home in 78619, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
86 Days | 25 Days | -70.5% |
Summary: Homes in 78619 had an average of 25 days on market in Mar 2024, down by 70.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 78619; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.