Is Panther Creek, 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, Panther Creek has remained a Seller's Market.
Housing Prices in Panther Creek, TX
How much do homes in Panther Creek, TX cost?
Median Sold Price
$405,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Panther Creek was $405,000 in April 2024, down 3.1% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $153.5K | $162K | +5.5% |
2 Bedrooms | $222.4K | $187.9K | -15.5% |
3 Bedrooms | $338.2K | $335.5K | -0.8% |
4 Bedrooms | $520.3K | $607.5K | +16.7% |
5+ Bedrooms | $1.1M | $676.5K | -41.6% |
Summary: Panther Creek housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes decreased by 15.5%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 41.6%.
Median Sold Price Compared To Nearby Neighborhoods
East Shore | $855K | $1.2M | +42.7% |
Cochran's Crossing | $558.5K | $595K | +6.5% |
The Woodlands | $519.8K | $529K | +1.8% |
Panther Creek | $418K | $405K | -3.1% |
Housing Supply in Panther Creek, TX
How many homes are available in Panther Creek, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 58 | +18.4% |
Summary: The Panther Creek real estate market had 58 homes for sale in April 2024, a 18.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 20 | 25 | +25.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Panther Creek housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Panther Creek in April 2024, up by 15.4% month-over-month. Of the 15 sold homes, 60% were sold under asking, 13% were sold at asking, and 27% were sold over asking.
Days on Market for Panther Creek, TX
How long does it take to sell a home in Panther Creek, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 17 Days | -48.2% |
Summary: Homes in Panther Creek had an average of 17 days on market in Apr 2024, down by 48.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Panther Creek; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.