$1,995,000
3,537 SqFt
4 Beds
•4 Full Baths, 1 Partial
Jennifer Hubley, Listing Office: Meadows Property Group
September 2024
Report Updated 30 Days Ago
Is West University Place, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, West University Place was a Seller's Market.
How much do homes in West University Place, TX cost?
$1,825,000
$517/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in West University Place was $1,825,000 in September 2024, up 14.8% from last year, and the median price per square foot was $517.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $977.5K | $752.5K | -23.0% |
3 Bedrooms | $1.0M | $1.1M | +7.3% |
4 Bedrooms | $1.7M | $1.8M | +8.0% |
5+ Bedrooms | $2.1M | $2.7M | +26.6% |
Summary: West University Place housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 26.6%.
West University Place | $1.5M | $1.8M | +14.8% |
Houston | $313.2K | $319.3K | +1.9% |
How many homes are available in West University Place, TX?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
53 | 60 | +13.2% |
Summary: The West University Place real estate market had 60 homes for sale in September 2024, a 13.2% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 10 | 15 | +50.0% |
4 Bedrooms | 29 | 27 | -6.9% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The West University Place housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 42.9%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
16 | 9 | -43.8% |
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in West University Place in September 2024, down by 43.8% month-over-month. Of the 9 sold homes, 22% were sold under asking, 0% were sold at asking, and 78% were sold over asking.
How long does it take to sell a home in West University Place, TX?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
19 Days | 9 Days | -48.3% |
Summary: Homes in West University Place had an average of 9 days on market in Sep 2024, down by 48.3% compared to last year.
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During September 2024, 9 homes were sold in West University Place; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago
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MLS Disclaimers and Copyright
Based on information from Houston REALTORS® Information Service for the period 10/01/2022 - 10/01/2024
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 10/31/2024, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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