Is Southwest Guadalupe, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southwest Guadalupe is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Southwest Guadalupe was a Seller's Market.

Key Takeaway

Southwest Guadalupe is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Southwest Guadalupe, TX

How much do homes in Southwest Guadalupe, TX cost?

Median Sold Price

$459,995

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$52,495(+12.9%)

Key Takeaway

Homes in Southwest Guadalupe have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in Southwest Guadalupe was $459,995 in May 2024, up 12.9% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $357.5K-
N/A
2 $440K$375K
-14.8%
3 $360K$450K
+25.0%
4 $545K$435.7K
-20.0%
5+ $505.5K$912.5K
+80.5%

Summary: Southwest Guadalupe 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 decreased by 14.8%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 80.5%.

Median Sold Price Compared To Nearby Cities

Southwest Guadalupe
+12.9%
Schertz
-1.5%
Schertz-Cibolo
-2.9%

Housing Supply in Southwest Guadalupe, TX

How many homes are available in Southwest Guadalupe, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6160-1.6%

Summary: The Southwest Guadalupe real estate market had 60 homes for sale in May 2024, a 1.6% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 3332
-3.0%
4 2022
+10.0%
5+ 73
-57.1%

Summary: The Southwest Guadalupe 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 200%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 57.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southwest Guadalupe, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Southwest Guadalupe in May 2024, down by 14.3% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Southwest Guadalupe, TX

How long does it take to sell a home in Southwest Guadalupe, TX?

Average Sale Time

May 2023May 2024CHANGE
90 Days65 Days-27.5%

Summary: Homes in Southwest Guadalupe had an average of 65 days on market in May 2024, down by 27.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Southwest Guadalupe are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 6 homes were sold in Southwest Guadalupe; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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