Is West End, 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, West End has remained a Seller's Market.
Housing Prices in West End, TX
How much do homes in West End, TX cost?
Median Sold Price
$494,950
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West End was $494,950 in May 2024, up 1.3% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $325K | $329K | +1.2% |
3 Bedrooms | $499.9K | $500K | 0.0% |
4 Bedrooms | $575K | $690K | +20.0% |
5+ Bedrooms | - | - | N/A |
Summary: West End 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 1.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 20%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Greater Heights / Houston Heights | $619.9K | $649.7K | +4.8% |
Washington Avenue Coalition / Memorial Park | $505K | $522.5K | +3.5% |
Central Houston | $532K | $550K | +3.4% |
West End | $488.5K | $494.9K | +1.3% |
Housing Supply in West End, TX
How many homes are available in West End, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Summary: The West End real estate market had 29 homes for sale in May 2024, a 31.8% 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 | 19 | 24 | +26.3% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West End 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 26.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in West End in May 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for West End, TX
How long does it take to sell a home in West End, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
143 Days | 58 Days | -59.2% |
Summary: Homes in West End had an average of 58 days on market in May 2024, down by 59.2% 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
Summary: During May 2024, 6 homes were sold in West End; 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.