Is Fulshear-Simonton, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fulshear-Simonton has remained a Seller's Market.
Housing Prices in Fulshear-Simonton, TX
How much do homes in Fulshear-Simonton, TX cost?
Median Sold Price
$490,150
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fulshear-Simonton was $490,150 in May 2024, up 2.3% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $30K | N/A |
2 Bedrooms | $384.9K | $398.4K | +3.5% |
3 Bedrooms | $355.4K | $367.8K | +3.5% |
4 Bedrooms | $487.1K | $500.1K | +2.7% |
5+ Bedrooms | $700.3K | $729.8K | +4.2% |
Summary: Fulshear-Simonton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
Richmond | $378.4K | $390.1K | +3.1% |
Fulshear | $529.2K | $544K | +2.8% |
Fulshear-Simonton | $479.2K | $490.1K | +2.3% |
Weston Lakes | $650K | $600K | -7.7% |
Housing Supply in Fulshear-Simonton, TX
How many homes are available in Fulshear-Simonton, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,101 | 1,346 | +22.3% |
Summary: The Fulshear-Simonton real estate market had 1,346 homes for sale in May 2024, a 22.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 28 | 33 | +17.9% |
3 Bedrooms | 241 | 262 | +8.7% |
4 Bedrooms | 628 | 762 | +21.3% |
5+ Bedrooms | 203 | 288 | +41.9% |
Summary: The Fulshear-Simonton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes increased by 41.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
285 | 299 | +4.9% |
Asking Price vs. Sold Price
154 Homes Were Sold
Under Asking
59 Homes Were Sold
At Asking
86 Homes Were Sold
Over Asking
Summary: A total of 299 homes were sold or pending in Fulshear-Simonton in May 2024, up by 4.9% month-over-month. Of the 299 sold homes, 52% were sold under asking, 20% were sold at asking, and 29% were sold over asking.
Days on Market for Fulshear-Simonton, TX
How long does it take to sell a home in Fulshear-Simonton, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 34 Days | +16.1% |
Summary: Homes in Fulshear-Simonton had an average of 34 days on market in May 2024, up by 16.1% compared to last year.
Breakdown of Home Sale Times
212 Homes Were Sold
Under 30 Days
54 Homes Were Sold
In 30 - 90 Days
33 Homes Were Sold
Over 90 Days
Summary: During May 2024, 299 homes were sold in Fulshear-Simonton; 71% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.