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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caliterra is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Caliterra was a Buyer's Market.

Key Takeaway

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

Housing Prices in Caliterra, TX

How much do homes in Caliterra, TX cost?

Median Sold Price

$720,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$100,974(-12.3%)

Key Takeaway

Homes in Caliterra have sold for 12.3% less than they did a year ago.

Summary: The median home sold price in Caliterra was $720,000 in October 2024, down 12.3% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$549.9K
N/A
3 $568.5K$586.3K
+3.1%
4 $900K$760K
-15.6%
5+ $1.0M$992.4K
-9.4%

Summary: Caliterra 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 did not change, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes decreased by 9.4%.

Housing Supply in Caliterra, TX

How many homes are available in Caliterra, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3229-9.4%

Summary: The Caliterra real estate market had 29 homes for sale in October 2024, a 9.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 76
-14.3%
4 1813
-27.8%
5+ 710
+42.9%

Summary: The Caliterra 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

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

Summary: A total of 6 homes were sold or pending in Caliterra in October 2024, the same as the previous month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Caliterra, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
180 Days165 Days-8.2%

Summary: Homes in Caliterra had an average of 165 days on market in Oct 2024, down by 8.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Caliterra has remained consistent over time.

Summary: During October 2024, 6 homes were sold in Caliterra; 0% of homes were sold within 30 days, 50% 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 4 Days Ago

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