Is Fulshear-Simonton, 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, Fulshear-Simonton has remained a Seller's Market.
Housing Prices in Fulshear-Simonton, TX
How much do homes in Fulshear-Simonton, TX cost?
Median Sold Price
$485,750
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fulshear-Simonton was $485,750 in March 2024, down 0.7% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $305K | - | N/A |
2 Bedrooms | $372.5K | $398.9K | +7.1% |
3 Bedrooms | $361.8K | $364.5K | +0.7% |
4 Bedrooms | $493.2K | $494.6K | 0.3% |
5+ Bedrooms | $720K | $713.3K | -0.9% |
Summary: Fulshear-Simonton 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 increased by 7.1%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Cities
Richmond | $360K | $388.5K | +7.9% |
Fulshear-Simonton | $489.3K | $485.7K | -0.7% |
Fulshear | $555K | $549.2K | -1.0% |
Weston Lakes | $660K | $643.5K | -2.5% |
Housing Supply in Fulshear-Simonton, TX
How many homes are available in Fulshear-Simonton, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
839 | 982 | +17.0% |
Summary: The Fulshear-Simonton real estate market had 982 homes for sale in March 2024, a 17.0% 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 | 26 | 29 | +11.5% |
3 Bedrooms | 180 | 218 | +21.1% |
4 Bedrooms | 466 | 554 | +18.9% |
5+ Bedrooms | 166 | 180 | +8.4% |
Summary: The Fulshear-Simonton 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 11.5%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes increased by 8.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
213 | 201 | -5.6% |
Asking Price vs. Sold Price
123 Homes Were Sold
Under Asking
42 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Summary: A total of 201 homes were sold or pending in Fulshear-Simonton in March 2024, down by 5.6% month-over-month. Of the 201 sold homes, 61% were sold under asking, 21% were sold at asking, and 18% were sold over asking.
Days on Market for Fulshear-Simonton, TX
How long does it take to sell a home in Fulshear-Simonton, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 41 Days | -18.5% |
Summary: Homes in Fulshear-Simonton had an average of 41 days on market in Mar 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
117 Homes Were Sold
Under 30 Days
54 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Summary: During March 2024, 201 homes were sold in Fulshear-Simonton; 58% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.