Is New Waverly, 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, New Waverly was a Neutral Market.
Housing Prices in New Waverly, TX
How much do homes in New Waverly, TX cost?
Median Sold Price
$587,400
$244/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in New Waverly was $587,400 in March 2024, down 20.9% from last month, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $990K | $635K | -35.9% |
4 Bedrooms | $495K | $539.8K | +9.1% |
5+ Bedrooms | - | - | N/A |
Summary: New Waverly 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 did not change, 3 bedroom homes decreased by 35.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes did not change.
Housing Supply in New Waverly, TX
How many homes are available in New Waverly, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 19 | +58.3% |
Summary: The New Waverly real estate market had 19 homes for sale in March 2024, a 58.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Waverly housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in New Waverly in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for New Waverly, TX
How long does it take to sell a home in New Waverly, TX?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
94 Days | 21 Days | -77.7% |
Summary: Homes in New Waverly had an average of 21 days on market in Mar 2024, down by 77.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in New Waverly; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.