Is Kashmere Gardens, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Kashmere Gardens was a Seller's Market.
Housing Prices in Kashmere Gardens, TX
How much do homes in Kashmere Gardens, TX cost?
Median Sold Price
$142,500
$105/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Kashmere Gardens was $142,500 in March 2024, up 5.6% from last month, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $69K | - | N/A |
2 Bedrooms | $135K | $130K | -3.7% |
3 Bedrooms | $238K | - | N/A |
4 Bedrooms | $60K | $155K | +158.3% |
5+ Bedrooms | - | - | N/A |
Summary: Kashmere Gardens housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 158.3%, and 5+ bedroom homes did not change.
Housing Supply in Kashmere Gardens, TX
How many homes are available in Kashmere Gardens, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 41 | +7.9% |
Summary: The Kashmere Gardens real estate market had 41 homes for sale in March 2024, a 7.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 18 | 21 | +16.7% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Kashmere Gardens housing inventory by bedroom type for March 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 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Kashmere Gardens in March 2024, down by 50.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Kashmere Gardens, TX
How long does it take to sell a home in Kashmere Gardens, TX?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 87 Days | +262.7% |
Summary: Homes in Kashmere Gardens had an average of 87 days on market in Mar 2024, up by 262.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Kashmere Gardens; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.