Is Greater Uptown, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Greater Uptown was a Seller's Market.
Housing Prices in Greater Uptown, TX
How much do homes in Greater Uptown, TX cost?
Median Sold Price
$356,854
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Greater Uptown was $356,854 in March 2024, up 3.4% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $182.5K | $155K | -15.1% |
2 Bedrooms | $250K | $250K | 0.0% |
3 Bedrooms | $615K | $586K | -4.7% |
4 Bedrooms | $1.0M | $1.2M | +16.7% |
5+ Bedrooms | $2.5M | $2.4M | -3.2% |
Summary: Greater Uptown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.1%, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 3.2%.
Median Sold Price Compared To Nearby Neighborhoods
Close-In Memorial | $215K | $315K | +46.5% |
Greater Uptown | $345K | $356.8K | +3.4% |
Tanglewood | $2.5M | $2.3M | -6.1% |
Housing Supply in Greater Uptown, TX
How many homes are available in Greater Uptown, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
325 | 411 | +26.5% |
Summary: The Greater Uptown real estate market had 411 homes for sale in March 2024, a 26.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 50 | 63 | +26.0% |
2 Bedrooms | 126 | 161 | +27.8% |
3 Bedrooms | 82 | 99 | +20.7% |
4 Bedrooms | 45 | 57 | +26.7% |
5+ Bedrooms | 22 | 31 | +40.9% |
Summary: The Greater Uptown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26%, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 40.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 54 | +31.7% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in Greater Uptown in March 2024, up by 31.7% month-over-month. Of the 54 sold homes, 74% were sold under asking, 19% were sold at asking, and 7% were sold over asking.
Days on Market for Greater Uptown, TX
How long does it take to sell a home in Greater Uptown, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 49 Days | +7.8% |
Summary: Homes in Greater Uptown had an average of 49 days on market in Mar 2024, up by 7.8% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 54 homes were sold in Greater Uptown; 48% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.