Is Brazoria-West Columbia, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brazoria-West Columbia is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Brazoria-West Columbia was a Seller's Market.

Key Takeaway

Brazoria-West Columbia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Brazoria-West Columbia, TX

How much do homes in Brazoria-West Columbia, TX cost?

Median Sold Price

$261,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$1,000(+0.4%)

Key Takeaway

The sold price of homes in Brazoria-West Columbia has remained the same since last year.

Summary: The median home sold price in Brazoria-West Columbia was $261,000 in May 2024, up 0.4% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $82.5K$84.5K
+2.4%
2 $157K$155.7K
-0.8%
3 $249.3K$242K
-2.9%
4 $325K$335K
+3.1%
5+ $379.9K$372.4K
-2.0%

Summary: Brazoria-West Columbia housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 2%.

Median Sold Price Compared To Nearby Cities

West Columbia
+13.5%
Sweeny
+9.0%
Brazoria
+7.3%
Brazoria-West Columbia
0.4%

Housing Supply in Brazoria-West Columbia, TX

How many homes are available in Brazoria-West Columbia, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
211228+8.1%

Summary: The Brazoria-West Columbia real estate market had 228 homes for sale in May 2024, a 8.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 21
-50.0%
2 2828
0.0%
3 116119
+2.6%
4 4961
+24.5%
5+ 1619
+18.8%

Summary: The Brazoria-West Columbia 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 remained the same, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 18.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3230-6.3%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brazoria-West Columbia, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Brazoria-West Columbia in May 2024, down by 6.3% month-over-month. Of the 30 sold homes, 67% were sold under asking, 23% were sold at asking, and 10% were sold over asking.

Days on Market for Brazoria-West Columbia, TX

How long does it take to sell a home in Brazoria-West Columbia, TX?

Average Sale Time

May 2023May 2024CHANGE
76 Days115 Days+50.5%

Summary: Homes in Brazoria-West Columbia had an average of 115 days on market in May 2024, up by 50.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Brazoria-West Columbia are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 30 homes were sold in Brazoria-West Columbia; 33% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 37% 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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