Is Point Venture, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Point Venture was a Seller's Market.
Key Takeaway
Point Venture is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Point Venture, TX
How much do homes in Point Venture, TX cost?
Median Sold Price
$395,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Point Venture have sold for 14.6% less than they did a year ago.
Summary: The median home sold price in Point Venture was $395,000 in May 2024, down 14.6% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $256K | $304.5K | +18.9% |
| 3 Bedrooms | $465K | $325K | -30.1% |
| 4 Bedrooms | $987.5K | $617K | -37.5% |
| 5+ Bedrooms | $1.6M | - | N/A |
Summary: Point Venture 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 18.9%, 3 bedroom homes decreased by 30.1%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Northwest Travis | $732.3K | $714.9K | -2.4% |
| Spicewood | $858.5K | $835.1K | -2.7% |
| Southwest Travis | $849K | $800.6K | -5.7% |
| Leander | $499.1K | $469.2K | -6.0% |
| Point Venture | $462.5K | $395K | -14.6% |
Housing Supply in Point Venture, TX
How many homes are available in Point Venture, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 37 | 43 | +16.2% |
Summary: The Point Venture real estate market had 43 homes for sale in May 2024, a 16.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 24 | 28 | +16.7% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Point Venture 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 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Point Venture, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Point Venture in May 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Point Venture, TX
How long does it take to sell a home in Point Venture, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 16 Days | 5 Days | -69.2% |
Summary: Homes in Point Venture had an average of 5 days on market in May 2024, down by 69.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Point Venture are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Point Venture; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.