Is Briargrove Park, 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, Briargrove Park has remained a Seller's Market.
Housing Prices in Briargrove Park, TX
How much do homes in Briargrove Park, TX cost?
Median Sold Price
$695,262
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Briargrove Park was $695,262 in April 2024, up 12.2% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | - | N/A |
2 Bedrooms | $228K | $232.4K | +1.9% |
3 Bedrooms | $575K | $564.5K | -1.8% |
4 Bedrooms | $725.9K | $840K | +15.7% |
5+ Bedrooms | $930K | $1.0M | +13.1% |
Summary: Briargrove Park 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 increased by 1.9%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Neighborhoods
Briargrove Park | $619.7K | $695.2K | +12.2% |
Memorial | $599.7K | $672.5K | +12.1% |
Mid West | $269.1K | $300.5K | +11.6% |
Briar Forest | $386K | $410.6K | +6.4% |
Midwest | $292.2K | $304.4K | +4.2% |
Housing Supply in Briargrove Park, TX
How many homes are available in Briargrove Park, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 36 | +16.1% |
Summary: The Briargrove Park real estate market had 36 homes for sale in April 2024, a 16.1% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 12 | 15 | +25.0% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Briargrove Park 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Briargrove Park in April 2024, up by 120.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 0% were sold at asking, and 45% were sold over asking.
Days on Market for Briargrove Park, TX
How long does it take to sell a home in Briargrove Park, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 31 Days | +106.0% |
Summary: Homes in Briargrove Park had an average of 31 days on market in Apr 2024, up by 106% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Briargrove Park; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.