Is Panther Creek, 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, Panther Creek has remained a Seller's Market.
Housing Prices in Panther Creek, TX
How much do homes in Panther Creek, TX cost?
Median Sold Price
$404,500
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Panther Creek was $404,500 in May 2024, down 1.3% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $155K | -3.1% |
2 Bedrooms | $215K | $186.9K | -13.0% |
3 Bedrooms | $333.2K | $330.5K | -0.8% |
4 Bedrooms | $525K | $659K | +25.5% |
5+ Bedrooms | $865K | $735K | -15.0% |
Summary: Panther Creek housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes decreased by 15%.
Median Sold Price Compared To Nearby Neighborhoods
East Shore | $950K | $1.2M | +33.4% |
Cochran's Crossing | $571.1K | $601.5K | +5.3% |
The Woodlands | $520.5K | $539.5K | +3.7% |
Panther Creek | $410K | $404.5K | -1.3% |
Housing Supply in Panther Creek, TX
How many homes are available in Panther Creek, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
55 | 61 | +10.9% |
Summary: The Panther Creek real estate market had 61 homes for sale in May 2024, a 10.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 16 | 16 | 0.0% |
4 Bedrooms | 24 | 31 | +29.2% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Panther Creek housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Panther Creek in May 2024, up by 12.5% month-over-month. Of the 18 sold homes, 61% were sold under asking, 6% were sold at asking, and 33% were sold over asking.
Days on Market for Panther Creek, TX
How long does it take to sell a home in Panther Creek, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 54 Days | +209.6% |
Summary: Homes in Panther Creek had an average of 54 days on market in May 2024, up by 209.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Panther Creek; 61% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.