Is Briarcliff, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Briarcliff has remained a Buyer's Market.
Housing Prices in Briarcliff, TX
How much do homes in Briarcliff, TX cost?
Median Sold Price
$515,000
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Briarcliff was $515,000 in March 2024, down 21% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $435.6K | - | N/A |
2 Bedrooms | - | $232.5K | N/A |
3 Bedrooms | $612.5K | $513K | -16.2% |
4 Bedrooms | $767K | $589K | -23.2% |
5+ Bedrooms | $635K | - | N/A |
Summary: Briarcliff housing prices by bedroom type for March 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 16.2%, 4 bedroom homes decreased by 23.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Southwest Travis | $850K | $805.5K | -5.2% |
Spicewood | $880K | $830K | -5.7% |
Briarcliff | $652K | $515K | -21.0% |
Housing Supply in Briarcliff, TX
How many homes are available in Briarcliff, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 33 | +43.5% |
Summary: The Briarcliff real estate market had 33 homes for sale in March 2024, a 43.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 17 | 24 | +41.2% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Briarcliff 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 remained the same, 3 bedroom homes increased by 41.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Briarcliff in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Briarcliff, TX
How long does it take to sell a home in Briarcliff, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
94 Days | 49 Days | -47.5% |
Summary: Homes in Briarcliff had an average of 49 days on market in Mar 2024, down by 47.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Briarcliff; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.