Is Piney Point Village, 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, Piney Point Village was a Neutral Market.
Housing Prices in Piney Point Village, TX
How much do homes in Piney Point Village, TX cost?
Median Sold Price
$2,817,500
$451/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Piney Point Village was $2,817,500 in May 2024, down 14.1% from last year, and the median price per square foot was $451.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $1.1M | $2.1M | +79.7% |
4 Bedrooms | $1.8M | $3.0M | +62.2% |
5+ Bedrooms | $3.9M | $2.8M | -28.2% |
Summary: Piney Point Village 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 did not change, 3 bedroom homes increased by 79.7%, 4 bedroom homes increased by 62.2%, and 5+ bedroom homes decreased by 28.2%.
Median Sold Price Compared To Nearby Cities
Bunker Hill Village | $1.8M | $1.9M | +7.1% |
Houston | $317.1K | $315.2K | -0.6% |
Piney Point Village | $3.2M | $2.8M | -14.1% |
Hedwig Village | $1.3M | $307.5K | -76.3% |
Housing Supply in Piney Point Village, TX
How many homes are available in Piney Point Village, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Summary: The Piney Point Village real estate market had 14 homes for sale in May 2024, a 40.0% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Piney Point Village 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Piney Point Village in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Piney Point Village, TX
How long does it take to sell a home in Piney Point Village, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 101 Days | +496.1% |
Summary: Homes in Piney Point Village had an average of 101 days on market in May 2024, up by 496.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Piney Point Village; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.