Is Apache Shores, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Apache Shores is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Apache Shores was a Seller's Market.

Key Takeaway

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

Housing Prices in Apache Shores, TX

How much do homes in Apache Shores, TX cost?

Median Sold Price

$562,000

$306/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$6,500(-1.1%)

Key Takeaway

Homes in Apache Shores have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Apache Shores was $562,000 in October 2024, down 1.1% from last year, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $390K$472.5K
+21.2%
3 $570K$529.5K
-7.1%
4 $970K$834K
-14.0%
5+ $1.5M$665K
-57.1%

Summary: Apache Shores 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 increased by 21.2%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes decreased by 57.1%.

Median Sold Price Compared To Nearby Neighborhoods

Lake South
+2.0%
Apache Shores
-1.1%

Housing Supply in Apache Shores, TX

How many homes are available in Apache Shores, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3436+5.9%

Summary: The Apache Shores real estate market had 36 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 2121
0.0%
4 1213
+8.3%
5+ 11
0.0%

Summary: The Apache Shores 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

4 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 Apache Shores, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Apache Shores in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Apache Shores, TX

How long does it take to sell a home in Apache Shores, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
193 Days96 Days-50.3%

Summary: Homes in Apache Shores had an average of 96 days on market in Oct 2024, down by 50.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Apache Shores are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in Apache Shores; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

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