Is Avery Ranch, 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, Avery Ranch was a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $374K | - | N/A |
2 Bedrooms | $392K | $375K | -4.3% |
3 Bedrooms | $575K | $502.2K | -12.7% |
4 Bedrooms | $718K | $665K | -7.4% |
5+ Bedrooms | $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 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 42 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 6 | 20 | +233.3% |
4 Bedrooms | 17 | 12 | -29.4% |
5+ Bedrooms | 3 | 4 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 17 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
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.