Is Pinehurst, 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, Pinehurst has remained a Seller's Market.
Housing Prices in Pinehurst, TX
How much do homes in Pinehurst, TX cost?
Median Sold Price
$345,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pinehurst was $345,000 in March 2024, down 12.5% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $188K | N/A |
3 Bedrooms | $275K | $265K | -3.6% |
4 Bedrooms | $460K | $500K | +8.7% |
5+ Bedrooms | $647.5K | $650K | 0.4% |
Summary: Pinehurst housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Cities
Tomball | $360K | $373.8K | +3.9% |
Northwest Harris | $335.7K | $334.9K | -0.2% |
Pinehurst | $394.5K | $345K | -12.5% |
Housing Supply in Pinehurst, TX
How many homes are available in Pinehurst, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 50 | +47.1% |
Summary: The Pinehurst real estate market had 50 homes for sale in March 2024, a 47.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 14 | 16 | +14.3% |
4 Bedrooms | 12 | 22 | +83.3% |
5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The Pinehurst housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Pinehurst in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Pinehurst, TX
How long does it take to sell a home in Pinehurst, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 64 Days | +11.9% |
Summary: Homes in Pinehurst had an average of 64 days on market in Mar 2024, up by 11.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Pinehurst; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.