Is Westbury, 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, Westbury was a Seller's Market.
Housing Prices in Westbury, TX
How much do homes in Westbury, TX cost?
Median Sold Price
$327,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Westbury was $327,000 in April 2024, up 10.2% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84.5K | $76K | -10.1% |
2 Bedrooms | $129.4K | $119.5K | -7.7% |
3 Bedrooms | $305K | $329K | +7.9% |
4 Bedrooms | $369.9K | $412.5K | +11.5% |
5+ Bedrooms | $377K | $534.5K | +41.8% |
Summary: Westbury housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.1%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 41.8%.
Median Sold Price Compared To Nearby Neighborhoods
Westbury | $296.7K | $327K | +10.2% |
South Gessner | $210K | $213.8K | +1.8% |
Meyerland Area | $450K | $451.5K | 0.3% |
Corinthian Pointe | $260K | $260K | 0.0% |
Brays Oaks | $208.7K | $200K | -4.2% |
Housing Supply in Westbury, TX
How many homes are available in Westbury, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
86 | 100 | +16.3% |
Summary: The Westbury real estate market had 100 homes for sale in April 2024, a 16.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 10 | 8 | -20.0% |
3 Bedrooms | 46 | 56 | +21.7% |
4 Bedrooms | 23 | 29 | +26.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Westbury 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 20%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 16 | -11.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Westbury in April 2024, down by 11.1% month-over-month. Of the 16 sold homes, 69% were sold under asking, 19% were sold at asking, and 13% were sold over asking.
Days on Market for Westbury, TX
How long does it take to sell a home in Westbury, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 18 Days | -73.7% |
Summary: Homes in Westbury had an average of 18 days on market in Apr 2024, down by 73.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Westbury; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.