Is Bay Harbor, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bay Harbor is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bay Harbor was a Neutral Market.

Key Takeaway

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

Housing Prices in Bay Harbor, TX

How much do homes in Bay Harbor, TX cost?

Median Sold Price

$414,450

$318/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$97,550(-19.1%)

Key Takeaway

Homes in Bay Harbor have sold for 19.1% less than they did a year ago.

Summary: The median home sold price in Bay Harbor was $414,450 in November 2024, down 19.1% from last year, and the median price per square foot was $318.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $252.5K-
N/A
2 $380K$290K
-23.7%
3 $530K$329.9K
-37.8%
4 $1.0M$679K
-32.1%
5+ -$735K
N/A

Summary: Bay Harbor 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 23.7%, 3 bedroom homes decreased by 37.8%, 4 bedroom homes decreased by 32.1%, and 5+ bedroom homes did not change.

Housing Supply in Bay Harbor, TX

How many homes are available in Bay Harbor, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1213+8.3%

Summary: The Bay Harbor real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 56
+20.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Bay Harbor 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Bay Harbor, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Bay Harbor in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bay Harbor, TX

How long does it take to sell a home in Bay Harbor, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days164 Days+1161.5%

Summary: Homes in Bay Harbor had an average of 164 days on market in Nov 2024, up by 1161.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Bay Harbor; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 17 Days Ago

Newest Listings in Bay Harbor, TX

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