Is Villages of Westcreek, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Villages of Westcreek is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Villages of Westcreek has remained a Seller's Market.

Key Takeaway

Villages of Westcreek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Villages of Westcreek, TX

How much do homes in Villages of Westcreek, TX cost?

Median Sold Price

$325,900

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$3,100(-0.9%)

Key Takeaway

Homes in Villages of Westcreek have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in Villages of Westcreek was $325,900 in April 2024, down 0.9% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $282.9K$290K
+2.5%
4 $352.5K$350K
-0.7%
5+ $447K$325K
-27.3%

Summary: Villages of Westcreek 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 did not change, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 27.3%.

Housing Supply in Villages of Westcreek, TX

How many homes are available in Villages of Westcreek, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3231-3.1%

Summary: The Villages of Westcreek real estate market had 31 homes for sale in April 2024, a 3.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1818
0.0%
4 1212
0.0%
5+ 21
-50.0%

Summary: The Villages of Westcreek 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Villages of Westcreek, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Villages of Westcreek in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.

Days on Market for Villages of Westcreek, TX

How long does it take to sell a home in Villages of Westcreek, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
93 Days81 Days-12.8%

Summary: Homes in Villages of Westcreek had an average of 81 days on market in Apr 2024, down by 12.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Villages of Westcreek has remained consistent over time.

Summary: During April 2024, 7 homes were sold in Villages of Westcreek; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

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

Report Updated 12 Days Ago

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