Is Northwest Harris, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Northwest Harris has remained a Seller's Market.
Housing Prices in Northwest Harris, TX
How much do homes in Northwest Harris, TX cost?
Median Sold Price
$334,999
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Northwest Harris was $334,999 in March 2024, down 0.2% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $109K | $134K | +22.9% |
2 Bedrooms | $185.2K | $195.9K | +5.8% |
3 Bedrooms | $276.8K | $278.8K | +0.7% |
4 Bedrooms | $370.2K | $374.5K | +1.2% |
5+ Bedrooms | $514.5K | $540.1K | +5.0% |
Summary: Northwest Harris housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.9%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 5%.
Housing Supply in Northwest Harris, TX
How many homes are available in Northwest Harris, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2,958 | 3,454 | +16.8% |
Summary: The Northwest Harris real estate market had 3,454 homes for sale in March 2024, a 16.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 13 | -7.1% |
2 Bedrooms | 79 | 106 | +34.2% |
3 Bedrooms | 1,063 | 1,252 | +17.8% |
4 Bedrooms | 1,383 | 1,613 | +16.6% |
5+ Bedrooms | 419 | 470 | +12.2% |
Summary: The Northwest Harris housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 34.2%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 12.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
666 | 672 | +0.9% |
Asking Price vs. Sold Price
412 Homes Were Sold
Under Asking
157 Homes Were Sold
At Asking
101 Homes Were Sold
Over Asking
Summary: A total of 672 homes were sold or pending in Northwest Harris in March 2024, up by 0.9% month-over-month. Of the 670 sold homes, 61% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for Northwest Harris, TX
How long does it take to sell a home in Northwest Harris, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 42 Days | -8.1% |
Summary: Homes in Northwest Harris had an average of 42 days on market in Mar 2024, down by 8.1% compared to last year.
Breakdown of Home Sale Times
390 Homes Were Sold
Under 30 Days
187 Homes Were Sold
In 30 - 90 Days
95 Homes Were Sold
Over 90 Days
Summary: During March 2024, 672 homes were sold in Northwest Harris; 58% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.