Is Alden Bridge, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alden Bridge is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Alden Bridge has remained a Seller's Market.

Key Takeaway

Alden Bridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Alden Bridge, TX

How much do homes in Alden Bridge, TX cost?

Median Sold Price

$500,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+6.4%)

Key Takeaway

Homes in Alden Bridge have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Alden Bridge was $500,000 in October 2024, up 6.4% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $418K$268.7K
-35.7%
3 $391K$380K
-2.8%
4 $565K$581.4K
+2.9%
5+ $650K$777.6K
+19.6%

Summary: Alden Bridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.7%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 19.6%.

Median Sold Price Compared To Nearby Neighborhoods

Cochran's Crossing
+12.5%
Alden Bridge
+6.4%
Sterling Ridge
+4.8%
College Park
+0.8%

Housing Supply in Alden Bridge, TX

How many homes are available in Alden Bridge, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
80102+27.5%

Summary: The Alden Bridge real estate market had 102 homes for sale in October 2024, a 27.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 913
+44.4%
3 3749
+32.4%
4 2532
+28.0%
5+ 98
-11.1%

Summary: The Alden Bridge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 32.4%, 4 bedroom homes increased by 28%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2320-13.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alden Bridge, you may be able to get a good deal. 65% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Alden Bridge in October 2024, down by 13.0% month-over-month. Of the 20 sold homes, 65% were sold under asking, 20% were sold at asking, and 15% were sold over asking.

Days on Market for Alden Bridge, TX

How long does it take to sell a home in Alden Bridge, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days25 Days+35.1%

Summary: Homes in Alden Bridge had an average of 25 days on market in Oct 2024, up by 35.1% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 20 homes were sold in Alden Bridge; 75% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 5% 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 13 Days Ago

Newest Listings in Alden Bridge, TX

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