Is Travis Heights / South River City, 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, Travis Heights / South River City was a Seller's Market.
Housing Prices in Travis Heights / South River City, TX
How much do homes in Travis Heights / South River City, TX cost?
Median Sold Price
$999,000
$586/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Travis Heights / South River City was $999,000 in April 2024, down 9.2% from last year, and the median price per square foot was $586.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $310K | $305K | -1.6% |
2 Bedrooms | $685K | $545K | -20.4% |
3 Bedrooms | $1.6M | $1.1M | -28.1% |
4 Bedrooms | $1.8M | $1.6M | -12.0% |
5+ Bedrooms | $2.8M | $1.5M | -47.8% |
Summary: Travis Heights / South River City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes decreased by 20.4%, 3 bedroom homes decreased by 28.1%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 47.8%.
Housing Supply in Travis Heights / South River City, TX
How many homes are available in Travis Heights / South River City, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 66 | +26.9% |
Summary: The Travis Heights / South River City real estate market had 66 homes for sale in April 2024, a 26.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 9 | 16 | +77.8% |
3 Bedrooms | 27 | 29 | +7.4% |
4 Bedrooms | 11 | 15 | +36.4% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Travis Heights / South River City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 77.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Travis Heights / South River City in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.
Days on Market for Travis Heights / South River City, TX
How long does it take to sell a home in Travis Heights / South River City, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 75 Days | -2.0% |
Summary: Homes in Travis Heights / South River City had an average of 75 days on market in Apr 2024, down by 2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Travis Heights / South River City; 22% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.