Is Tahitian Village, 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, Tahitian Village was a Seller's Market.
Housing Prices in Tahitian Village, TX
How much do homes in Tahitian Village, TX cost?
Median Sold Price
$400,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tahitian Village was $400,000 in April 2024, down 4.8% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $359.5K | $307.5K | -14.5% |
3 Bedrooms | $416K | $380K | -8.7% |
4 Bedrooms | $440K | $435K | -1.1% |
5+ Bedrooms | $575.4K | $524K | -8.9% |
Summary: Tahitian Village 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 14.5%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 8.9%.
Housing Supply in Tahitian Village, TX
How many homes are available in Tahitian Village, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
75 | 90 | +20.0% |
Summary: The Tahitian Village real estate market had 90 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 55 | 63 | +14.5% |
4 Bedrooms | 16 | 23 | +43.8% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Tahitian Village housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 43.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Tahitian Village in April 2024, up by 10.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.
Days on Market for Tahitian Village, TX
How long does it take to sell a home in Tahitian Village, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 62 Days | +57.3% |
Summary: Homes in Tahitian Village had an average of 62 days on market in Apr 2024, up by 57.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Tahitian Village; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.