Is Alden Bridge, 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, Alden Bridge has remained a Seller's Market.
Key Takeaway
Alden Bridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alden Bridge, TX
How much do homes in Alden Bridge, TX cost?
Median Sold Price
$465,500
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Alden Bridge have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Alden Bridge was $465,500 in April 2024, down 2.1% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $382.5K | $314K | -17.9% |
| 3 Bedrooms | $370K | $393.7K | +6.4% |
| 4 Bedrooms | $540K | $575.4K | +6.6% |
| 5+ Bedrooms | $650K | $698K | +7.4% |
Summary: Alden Bridge 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 17.9%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Cochran's Crossing | $558.5K | $595K | +6.5% |
| Sterling Ridge | $651.5K | $670K | +2.8% |
| College Park | $362K | $355K | -1.9% |
| Alden Bridge | $475.2K | $465.5K | -2.1% |
Housing Supply in Alden Bridge, TX
How many homes are available in Alden Bridge, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 | 85 | +18.1% |
Summary: The Alden Bridge real estate market had 85 homes for sale in April 2024, a 18.1% 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 | 11 | 8 | -27.3% |
| 3 Bedrooms | 25 | 33 | +32.0% |
| 4 Bedrooms | 25 | 28 | +12.0% |
| 5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The Alden Bridge 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 27.3%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 22 | -29.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alden Bridge, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Alden Bridge in April 2024, down by 29.0% month-over-month. Of the 22 sold homes, 55% were sold under asking, 0% were sold at asking, and 45% were sold over asking.
Days on Market for Alden Bridge, TX
How long does it take to sell a home in Alden Bridge, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 16 Days | -36.3% |
Summary: Homes in Alden Bridge had an average of 16 days on market in Apr 2024, down by 36.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Alden Bridge are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 22 homes were sold in Alden Bridge; 91% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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