Is Southeast Harris, 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, Southeast Harris has remained a Seller's Market.
Housing Prices in Southeast Harris, TX
How much do homes in Southeast Harris, TX cost?
Median Sold Price
$299,991
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Southeast Harris was $299,991 in May 2024, up 7.1% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $93.7K | -6.3% |
2 Bedrooms | $175.2K | $200K | +14.1% |
3 Bedrooms | $259.8K | $268.6K | +3.4% |
4 Bedrooms | $338.5K | $364.6K | +7.7% |
5+ Bedrooms | $406.5K | $395K | -2.8% |
Summary: Southeast Harris housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Cities
Shoreacres | $260K | $308K | +18.5% |
La Porte | $258K | $280.7K | +8.8% |
Taylor Lake Village | $372.5K | $403.8K | +8.4% |
Southeast Harris | $280K | $299.9K | +7.1% |
El Lago | $315K | $319.5K | +1.4% |
Housing Supply in Southeast Harris, TX
How many homes are available in Southeast Harris, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
490 | 564 | +15.1% |
Summary: The Southeast Harris real estate market had 564 homes for sale in May 2024, a 15.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 12 | +20.0% |
2 Bedrooms | 47 | 52 | +10.6% |
3 Bedrooms | 218 | 242 | +11.0% |
4 Bedrooms | 167 | 205 | +22.8% |
5+ Bedrooms | 48 | 53 | +10.4% |
Summary: The Southeast Harris housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes increased by 10.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
95 | 99 | +4.2% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 99 homes were sold or pending in Southeast Harris in May 2024, up by 4.2% month-over-month. Of the 99 sold homes, 51% were sold under asking, 32% were sold at asking, and 17% were sold over asking.
Days on Market for Southeast Harris, TX
How long does it take to sell a home in Southeast Harris, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
49 Days | 39 Days | -18.8% |
Summary: Homes in Southeast Harris had an average of 39 days on market in May 2024, down by 18.8% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During May 2024, 99 homes were sold in Southeast Harris; 60% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.