Is Braun's Farm, 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, Braun's Farm has remained a Seller's Market.
Housing Prices in Braun's Farm, TX
How much do homes in Braun's Farm, TX cost?
Median Sold Price
$347,800
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Braun's Farm was $347,800 in April 2024, up 1.3% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $300.2K | $303.7K | +1.2% |
4 Bedrooms | $367K | $380K | +3.5% |
5+ Bedrooms | $435K | $373K | -14.3% |
Summary: Braun's Farm 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 increased by 1.2%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 14.3%.
Median Sold Price Compared To Nearby Neighborhoods
Stonefield | $335K | $341.5K | +1.9% |
Braun's Farm | $343.4K | $347.8K | +1.3% |
Silverbrook | $287.4K | $263K | -8.5% |
Housing Supply in Braun's Farm, TX
How many homes are available in Braun's Farm, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 46 | +17.9% |
Summary: The Braun's Farm real estate market had 46 homes for sale in April 2024, a 17.9% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 20 | 24 | +20.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Braun's Farm 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 increased by 17.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Braun's Farm in April 2024, the same as the previous month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for Braun's Farm, TX
How long does it take to sell a home in Braun's Farm, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 95 Days | +39.5% |
Summary: Homes in Braun's Farm had an average of 95 days on market in Apr 2024, up by 39.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Braun's Farm; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.