Is Avalon, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Avalon was a Neutral Market.
Housing Prices in Avalon, TX
How much do homes in Avalon, TX cost?
Median Sold Price
$495,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Avalon was $495,000 in April 2024, down 18.2% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $522.5K | $425.5K | -18.6% |
4 Bedrooms | $670K | $534K | -20.3% |
5+ Bedrooms | $662.5K | $602.5K | -9.1% |
Summary: Avalon 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 did not change, 3 bedroom homes decreased by 18.6%, 4 bedroom homes decreased by 20.3%, and 5+ bedroom homes decreased by 9.1%.
Median Sold Price Compared To Nearby Neighborhoods
Lakeside at Blackhawk | $650K | $735K | +13.1% |
Blackhawk | $590K | $560K | -5.1% |
Avalon | $605K | $495K | -18.2% |
Housing Supply in Avalon, TX
How many homes are available in Avalon, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 18 | -10.0% |
Summary: The Avalon real estate market had 18 homes for sale in April 2024, a 10.0% decrease 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 | 0 | 0 | 0.0% |
3 Bedrooms | 9 | 6 | -33.3% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Avalon 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Avalon in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Avalon, TX
How long does it take to sell a home in Avalon, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
112 Days | 24 Days | -78.4% |
Summary: Homes in Avalon had an average of 24 days on market in Apr 2024, down by 78.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Avalon; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.