Is Bertram, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bertram is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Bertram has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Bertram, TX

How much do homes in Bertram, TX cost?

Median Sold Price

$670,000

$259/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$355,000(+112.7%)

Key Takeaway

Homes in Bertram have sold for 112.7% more than they did a month ago.

Summary: The median home sold price in Bertram was $670,000 in November 2024, up 112.7% from last month, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $100K-
N/A
3 $407.5K$1.2M
+197.5%
4 -$515K
N/A
5+ --
N/A

Summary: Bertram housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 197.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bertram, TX

How many homes are available in Bertram, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5356+5.7%

Summary: The Bertram real estate market had 56 homes for sale in November 2024, a 5.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 99
0.0%
3 2221
-4.5%
4 1821
+16.7%
5+ 34
+33.3%

Summary: The Bertram 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 decreased by 4.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bertram, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Bertram in November 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Bertram, TX

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

Average Sale Time

Oct 2024Nov 2024CHANGE
63 Days82 Days+29.3%

Summary: Homes in Bertram had an average of 82 days on market in Nov 2024, up by 29.3% compared to last month.

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 Bertram are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Bertram; 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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