Is 78737, 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, 78737 has remained a Seller's Market.
Housing Prices in 78737, TX
How much do homes in 78737, TX cost?
Median Sold Price
$799,950
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78737 was $799,950 in April 2024, down 8.6% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $685K | $568K | -17.1% |
3 Bedrooms | $711.7K | $631.7K | -11.2% |
4 Bedrooms | $880K | $830K | -5.7% |
5+ Bedrooms | $1.0M | $950K | -5.0% |
Summary: 78737 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.1%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 5%.
Housing Supply in 78737, TX
How many homes are available in 78737, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
156 | 194 | +24.4% |
Summary: The 78737 real estate market had 194 homes for sale in April 2024, a 24.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 36 | 51 | +41.7% |
4 Bedrooms | 82 | 96 | +17.1% |
5+ Bedrooms | 37 | 47 | +27.0% |
Summary: The 78737 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 27%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 33 | +73.7% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 78737 in April 2024, up by 73.7% month-over-month. Of the 33 sold homes, 70% were sold under asking, 15% were sold at asking, and 15% were sold over asking.
Days on Market for 78737, TX
How long does it take to sell a home in 78737, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 37 Days | +23.8% |
Summary: Homes in 78737 had an average of 37 days on market in Apr 2024, up by 23.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in 78737; 67% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.