Is Shearer Hills - Ridgeview, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Shearer Hills - Ridgeview was a Seller's Market.
Key Takeaway
Shearer Hills - Ridgeview is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shearer Hills - Ridgeview, TX
How much do homes in Shearer Hills - Ridgeview, TX cost?
Median Sold Price
$275,000
$179/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in Shearer Hills - Ridgeview has remained the same since last year.
Summary: The median home sold price in Shearer Hills - Ridgeview was $275,000 in April 2024, the same as last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105.8K | $109K | +3.0% |
| 2 Bedrooms | $141.5K | $168.5K | +19.1% |
| 3 Bedrooms | $286.5K | $275K | -4.0% |
| 4 Bedrooms | $333.3K | $356K | +6.8% |
| 5+ Bedrooms | $536.7K | $327K | -39.1% |
Summary: Shearer Hills - Ridgeview housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 19.1%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 39.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Northcrest Hills | $275K | $327.5K | +19.1% |
| Shearer Hills - Ridgeview | $275K | $275K | 0.0% |
Housing Supply in Shearer Hills - Ridgeview, TX
How many homes are available in Shearer Hills - Ridgeview, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 52 | +20.9% |
Summary: The Shearer Hills - Ridgeview real estate market had 52 homes for sale in April 2024, a 20.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 29 | 36 | +24.1% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Shearer Hills - Ridgeview housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Shearer Hills - Ridgeview, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Shearer Hills - Ridgeview in April 2024, down by 41.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Shearer Hills - Ridgeview, TX
How long does it take to sell a home in Shearer Hills - Ridgeview, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 74 Days | +185.7% |
Summary: Homes in Shearer Hills - Ridgeview had an average of 74 days on market in Apr 2024, up by 185.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shearer Hills - Ridgeview are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Shearer Hills - Ridgeview; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved. 
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.