Is Golfcrest / Bellfort / Reveille, 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, Golfcrest / Bellfort / Reveille has remained a Seller's Market.
Key Takeaway
Golfcrest / Bellfort / Reveille is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Golfcrest / Bellfort / Reveille, TX
How much do homes in Golfcrest / Bellfort / Reveille, TX cost?
Median Sold Price
$230,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Golfcrest / Bellfort / Reveille have sold for 6% more than they did a year ago.
Summary: The median home sold price in Golfcrest / Bellfort / Reveille was $230,000 in April 2024, up 6% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $115.6K | +131.3% |
| 2 Bedrooms | $180K | $120K | -33.3% |
| 3 Bedrooms | $219.9K | $227.4K | +3.4% |
| 4 Bedrooms | $260K | $267.4K | +2.9% |
| 5+ Bedrooms | $321.5K | $290K | -9.8% |
Summary: Golfcrest / Bellfort / Reveille housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 131.3%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Golfcrest / Bellfort / Reveille | $217K | $230K | +6.0% |
| Meadowbrook / Allendale | $199.9K | $201K | +0.6% |
| Eastside | $230K | $227K | -1.3% |
| Pecan Park | $233.5K | $220K | -5.8% |
Housing Supply in Golfcrest / Bellfort / Reveille, TX
How many homes are available in Golfcrest / Bellfort / Reveille, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 67 | 75 | +11.9% |
Summary: The Golfcrest / Bellfort / Reveille real estate market had 75 homes for sale in April 2024, a 11.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 33 | 39 | +18.2% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Golfcrest / Bellfort / Reveille housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Golfcrest / Bellfort / Reveille, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Golfcrest / Bellfort / Reveille in April 2024, up by 13.3% month-over-month. Of the 17 sold homes, 53% were sold under asking, 29% were sold at asking, and 18% were sold over asking.
Days on Market for Golfcrest / Bellfort / Reveille, TX
How long does it take to sell a home in Golfcrest / Bellfort / Reveille, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 51 Days | 38 Days | -25.5% |
Summary: Homes in Golfcrest / Bellfort / Reveille had an average of 38 days on market in Apr 2024, down by 25.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Golfcrest / Bellfort / Reveille are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 17 homes were sold in Golfcrest / Bellfort / Reveille; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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