Is Cordillera Ranch, 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, Cordillera Ranch has remained a Buyer's Market.
Housing Prices in Cordillera Ranch, TX
How much do homes in Cordillera Ranch, TX cost?
Median Sold Price
$1,807,500
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cordillera Ranch was $1,807,500 in April 2024, up 21.4% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $1.3M | $1.2M | -10.8% |
4 Bedrooms | $1.2M | $1.7M | +36.5% |
5+ Bedrooms | $2.0M | $2.0M | -4.7% |
Summary: Cordillera 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 did not change, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 36.5%, and 5+ bedroom homes decreased by 4.7%.
Housing Supply in Cordillera Ranch, TX
How many homes are available in Cordillera Ranch, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 37 | +19.4% |
Summary: The Cordillera Ranch real estate market had 37 homes for sale in April 2024, a 19.4% 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 | 7 | 8 | +14.3% |
4 Bedrooms | 16 | 22 | +37.5% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Cordillera 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 3 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Cordillera Ranch in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cordillera Ranch, TX
How long does it take to sell a home in Cordillera Ranch, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 224 Days | +348.7% |
Summary: Homes in Cordillera Ranch had an average of 224 days on market in Apr 2024, up by 348.7% compared to last year.
Breakdown of Home Sale Times
0 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, 3 homes were sold in Cordillera Ranch; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.