Is Garrison 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, Garrison Park has remained a Seller's Market.
Housing Prices in Garrison Park, TX
How much do homes in Garrison Park, TX cost?
Median Sold Price
$521,500
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Garrison Park was $521,500 in April 2024, down 4.7% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $209.2K | $197.9K | -5.4% |
2 Bedrooms | $324K | $315K | -2.8% |
3 Bedrooms | $557K | $520K | -6.6% |
4 Bedrooms | $606.5K | $587.5K | -3.1% |
5+ Bedrooms | $2.3M | $1.2M | -47.5% |
Summary: Garrison Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 47.5%.
Median Sold Price Compared To Nearby Neighborhoods
Garrison Park | $547K | $521.5K | -4.7% |
The Village | $575K | $525K | -8.7% |
Housing Supply in Garrison Park, TX
How many homes are available in Garrison Park, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 56 | +33.3% |
Summary: The Garrison Park real estate market had 56 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 25 | 32 | +28.0% |
4 Bedrooms | 10 | 18 | +80.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Garrison Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 28%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Garrison Park in April 2024, up by 50.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Garrison Park, TX
How long does it take to sell a home in Garrison Park, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 28 Days | +4.0% |
Summary: Homes in Garrison Park had an average of 28 days on market in Apr 2024, up by 4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Garrison Park; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.