Is Avery Ranch, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avery Ranch is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Avery Ranch was a Seller's Market.

Key Takeaway

Avery Ranch is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Avery Ranch, TX

How much do homes in Avery Ranch, TX cost?

Median Sold Price

$570,000

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$105,500(-15.6%)

Key Takeaway

Homes in Avery Ranch have sold for 15.6% less than they did a year ago.

Summary: The median home sold price in Avery Ranch was $570,000 in April 2024, down 15.6% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $374K-
N/A
2 $392K$375K
-4.3%
3 $575K$502.2K
-12.7%
4 $718K$665K
-7.4%
5+ $964.5K$846K
-12.3%

Summary: Avery Ranch 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 4.3%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 12.3%.

Housing Supply in Avery Ranch, TX

How many homes are available in Avery Ranch, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3142+35.5%

Summary: The Avery Ranch real estate market had 42 homes for sale in April 2024, a 35.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 620
+233.3%
4 1712
-29.4%
5+ 34
+33.3%

Summary: The Avery Ranch 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 increased by 20%, 3 bedroom homes increased by 233.3%, 4 bedroom homes decreased by 29.4%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avery Ranch, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Avery Ranch in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Avery Ranch, TX

How long does it take to sell a home in Avery Ranch, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
49 Days17 Days-64.9%

Summary: Homes in Avery Ranch had an average of 17 days on market in Apr 2024, down by 64.9% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Avery Ranch are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in Avery Ranch; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

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