Is Northwest Travis, 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, Northwest Travis was a Seller's Market.
Housing Prices in Northwest Travis, TX
How much do homes in Northwest Travis, TX cost?
Median Sold Price
$715,095
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Northwest Travis was $715,095 in April 2024, down 5.3% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $280K | $230K | -17.9% |
2 Bedrooms | $375K | $380K | +1.3% |
3 Bedrooms | $597.7K | $525K | -12.2% |
4 Bedrooms | $852.2K | $784.3K | -8.0% |
5+ Bedrooms | $1.1M | $1.0M | -7.6% |
Summary: Northwest Travis housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.9%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Cities
Jonestown | $685K | $658.5K | -3.9% |
Northwest Travis | $754.7K | $715K | -5.3% |
Leander | $499.9K | $467.2K | -6.5% |
Lago Vista | $467K | $434.9K | -6.9% |
Housing Supply in Northwest Travis, TX
How many homes are available in Northwest Travis, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
841 | 1,033 | +22.8% |
Summary: The Northwest Travis real estate market had 1,033 homes for sale in April 2024, a 22.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 20 | 29 | +45.0% |
2 Bedrooms | 63 | 82 | +30.2% |
3 Bedrooms | 299 | 375 | +25.4% |
4 Bedrooms | 321 | 375 | +16.8% |
5+ Bedrooms | 138 | 172 | +24.6% |
Summary: The Northwest Travis housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 45%, 2 bedroom homes increased by 30.2%, 3 bedroom homes increased by 25.4%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 24.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
119 | 138 | +16.0% |
Asking Price vs. Sold Price
85 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Summary: A total of 138 homes were sold or pending in Northwest Travis in April 2024, up by 16.0% month-over-month. Of the 138 sold homes, 62% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Northwest Travis, TX
How long does it take to sell a home in Northwest Travis, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 51 Days | -15.2% |
Summary: Homes in Northwest Travis had an average of 51 days on market in Apr 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
84 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
31 Homes Were Sold
Over 90 Days
Summary: During April 2024, 138 homes were sold in Northwest Travis; 61% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.