Is Avery Ranch, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avery Ranch is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Avery Ranch was a Seller's Market.

Key Takeaway

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

Housing Prices in Avery Ranch, TX

How much do homes in Avery Ranch, TX cost?

Median Sold Price

$540,000

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$35,000(-6.1%)

Key Takeaway

Homes in Avery Ranch have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in Avery Ranch was $540,000 in November 2024, down 6.1% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $375K$370K
-1.3%
3 $505K$493K
-2.4%
4 $661.5K$650K
-1.7%
5+ $855.5K$830K
-3.0%

Summary: Avery Ranch housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 3%.

Housing Supply in Avery Ranch, TX

How many homes are available in Avery Ranch, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4437-15.9%

Summary: The Avery Ranch real estate market had 37 homes for sale in November 2024, a 15.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 2319
-17.4%
4 107
-30.0%
5+ 97
-22.2%

Summary: The Avery Ranch housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avery Ranch, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Avery Ranch in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Avery Ranch, TX

How long does it take to sell a home in Avery Ranch, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days70 Days+200.9%

Summary: Homes in Avery Ranch had an average of 70 days on market in Nov 2024, up by 200.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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

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

Summary: During November 2024, 5 homes were sold in Avery Ranch; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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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