Is Schertz-Cibolo, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Schertz-Cibolo was a Seller's Market.
Housing Prices in Schertz-Cibolo, TX
How much do homes in Schertz-Cibolo, TX cost?
Median Sold Price
$340,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Schertz-Cibolo was $340,000 in February 2024, down 4.2% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $139K | -24.9% |
2 Bedrooms | $234.9K | $230K | -2.1% |
3 Bedrooms | $320K | $309K | -3.4% |
4 Bedrooms | $377.6K | $368K | -2.6% |
5+ Bedrooms | $420K | $415K | -1.2% |
Summary: Schertz-Cibolo housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.9%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in Schertz-Cibolo, TX
How many homes are available in Schertz-Cibolo, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
601 | 655 | +9.0% |
Summary: The Schertz-Cibolo real estate market had 655 homes for sale in February 2024, a 9.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 16 | 15 | -6.3% |
3 Bedrooms | 249 | 275 | +10.4% |
4 Bedrooms | 271 | 297 | +9.6% |
5+ Bedrooms | 65 | 68 | +4.6% |
Summary: The Schertz-Cibolo housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 4.6%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
80 | 85 | +6.3% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 85 homes were sold or pending in Schertz-Cibolo in February 2024, up by 6.3% month-over-month. Of the 85 sold homes, 59% were sold under asking, 32% were sold at asking, and 9% were sold over asking.
Days on Market for Schertz-Cibolo, TX
How long does it take to sell a home in Schertz-Cibolo, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
68 Days | 94 Days | +37.9% |
Summary: Homes in Schertz-Cibolo had an average of 94 days on market in Feb 2024, up by 37.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Summary: During February 2024, 85 homes were sold in Schertz-Cibolo; 20% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.