Is Spring Valley Village, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spring Valley Village is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Spring Valley Village has remained a Seller's Market.

Key Takeaway

Spring Valley Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Spring Valley Village, TX cost?

Median Sold Price

$1,100,000

$346/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$115,000(+11.7%)

Key Takeaway

Homes in Spring Valley Village have sold for 11.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $565K-
N/A
3 $717.5K$765.5K
+6.7%
4 $950K$1.2M
+27.9%
5+ $1.5M$1.2M
-15.6%

Median Sold Price Compared To Nearby Cities

Hunters Creek Village
+26.2%
Spring Valley Village
+11.7%
Houston
+7.0%
Hilshire Village
-13.4%
Hedwig Village
-22.0%

How many homes are available in Spring Valley Village, TX?

Number of Homes For Sale

Aug 2022Sep 2022%
22220.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 00
0.0%
3 1213
+8.3%
4 55
0.0%
5+ 54
-20.0%

Number of Homes Sold

Aug 2022Sep 2022%
36+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Spring Valley Village, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
67 Days29 Days-56.8%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Spring Valley Village are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Spring Valley Village, TX

Number of homes for sale in Spring Valley Village, TX real estate market have reached 22. While the average time on the market in September 2022 was 29 days, the median list price was $1,100,000. This housing market listing prices have changed between August 2022 and September 2022: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, 3 bedrooms properties became 6.7% more expensive, 4 bedrooms properties prices increased by 27.9%, the cost of 5 bedrooms properties went down by 15.6%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, volume of 3 bedrooms homes went up by 8.3%, the quantity of 4 bedrooms homes have not changed, volume of 5 bedrooms homes went down by 20%. While more than 2 listings in Spring Valley Village, TX in September 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 4 were sold below.

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