Is Brazoria-West Columbia, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brazoria-West Columbia is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Brazoria-West Columbia was a Seller's Market.

Key Takeaway

Brazoria-West Columbia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Brazoria-West Columbia, TX

How much do homes in Brazoria-West Columbia, TX cost?

Median Sold Price

$263,125

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,125(+2.0%)

Key Takeaway

Homes in Brazoria-West Columbia have sold for 2% more than they did a year ago.

Summary: The median home sold price in Brazoria-West Columbia was $263,125 in March 2024, up 2% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $95K$96K
+1.1%
2 $167K$157.2K
-5.8%
3 $249.6K$245.9K
-1.5%
4 $337K$335K
-0.6%
5+ $350K$387.4K
+10.7%

Summary: Brazoria-West Columbia housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 10.7%.

Median Sold Price Compared To Nearby Cities

West Columbia
+57.4%
Sweeny
+34.3%
Brazoria
+10.1%
Brazoria-West Columbia
+2.0%

Housing Supply in Brazoria-West Columbia, TX

How many homes are available in Brazoria-West Columbia, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
189207+9.5%

Summary: The Brazoria-West Columbia real estate market had 207 homes for sale in March 2024, a 9.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 2223
+4.5%
3 101110
+8.9%
4 5154
+5.9%
5+ 1217
+41.7%

Summary: The Brazoria-West Columbia housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 41.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2527+8.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brazoria-West Columbia, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Brazoria-West Columbia in March 2024, up by 8.0% month-over-month. Of the 27 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Brazoria-West Columbia, TX

How long does it take to sell a home in Brazoria-West Columbia, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
75 Days62 Days-17.1%

Summary: Homes in Brazoria-West Columbia had an average of 62 days on market in Mar 2024, down by 17.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brazoria-West Columbia are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 27 homes were sold in Brazoria-West Columbia; 41% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 33% 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 24 Days Ago

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