Is Cuernavaca, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cuernavaca was a Seller's Market.
Housing Prices in Cuernavaca, TX
How much do homes in Cuernavaca, TX cost?
Median Sold Price
$919,500
$446/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cuernavaca was $919,500 in April 2024, up 0.5% from last year, and the median price per square foot was $446.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $495K | N/A |
2 Bedrooms | $645.7K | $516K | -20.1% |
3 Bedrooms | $815K | $778.7K | -4.4% |
4 Bedrooms | $1.2M | $1.3M | +7.4% |
5+ Bedrooms | $2.2M | $1.8M | -16.0% |
Summary: Cuernavaca 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 decreased by 20.1%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 16%.
Median Sold Price Compared To Nearby Neighborhoods
Austin Lake Hills | $985K | $1.1M | +11.7% |
Cuernavaca | $915K | $919.5K | 0.5% |
Bella Lago / Werkenthin | $1.4M | $1.2M | -15.3% |
Housing Supply in Cuernavaca, TX
How many homes are available in Cuernavaca, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 39 | +50.0% |
Summary: The Cuernavaca real estate market had 39 homes for sale in April 2024, a 50.0% 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 | 3 | 4 | +33.3% |
3 Bedrooms | 12 | 15 | +25.0% |
4 Bedrooms | 7 | 13 | +85.7% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Cuernavaca 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 increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Cuernavaca in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Cuernavaca, TX
How long does it take to sell a home in Cuernavaca, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 54 Days | +135.5% |
Summary: Homes in Cuernavaca had an average of 54 days on market in Apr 2024, up by 135.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Cuernavaca; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.