Is Rough Hollow, 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, Rough Hollow has remained a Buyer's Market.
Housing Prices in Rough Hollow, TX
How much do homes in Rough Hollow, TX cost?
Median Sold Price
$900,000
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rough Hollow was $900,000 in April 2024, down 12.8% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | - | N/A |
2 Bedrooms | $814.9K | $642K | -21.2% |
3 Bedrooms | $900K | $576.3K | -36.0% |
4 Bedrooms | $996K | $875K | -12.1% |
5+ Bedrooms | $1.3M | $1.1M | -12.5% |
Summary: Rough Hollow housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.2%, 3 bedroom homes decreased by 36%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes decreased by 12.5%.
Housing Supply in Rough Hollow, TX
How many homes are available in Rough Hollow, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
86 | 98 | +14.0% |
Summary: The Rough Hollow real estate market had 98 homes for sale in April 2024, a 14.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 8 | 11 | +37.5% |
4 Bedrooms | 34 | 37 | +8.8% |
5+ Bedrooms | 38 | 41 | +7.9% |
Summary: The Rough Hollow housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 7.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Rough Hollow in April 2024, up by 33.3% month-over-month. Of the 12 sold homes, 92% were sold under asking, 8% were sold at asking, and 0% were sold over asking.
Days on Market for Rough Hollow, TX
How long does it take to sell a home in Rough Hollow, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
79 Days | 109 Days | +39.0% |
Summary: Homes in Rough Hollow had an average of 109 days on market in Apr 2024, up by 39% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Rough Hollow; 17% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.