Is Cimarron Hills, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cimarron Hills is a buyer's market

Buyer's
Market

Difference Since September 2023

Since last year, Cimarron Hills has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Cimarron Hills, TX

How much do homes in Cimarron Hills, TX cost?

Median Sold Price

$1,202,500

$356/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$345,500(-22.3%)

Key Takeaway

Homes in Cimarron Hills have sold for 22.3% less than they did a year ago.

Summary: The median home sold price in Cimarron Hills was $1,202,500 in September 2024, down 22.3% from last year, and the median price per square foot was $356.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $722.1K-
N/A
2 -$616.7K
N/A
3 $990K$790K
-20.2%
4 $1.5M$1.2M
-21.1%
5+ $1.8M$1.4M
-24.7%

Summary: Cimarron Hills housing prices by bedroom type for September 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 decreased by 20.2%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 24.7%.

Median Sold Price Compared To Nearby Neighborhoods

Oaks at San Gabriel
-12.1%
Cimarron Hills
-22.3%

Housing Supply in Cimarron Hills, TX

How many homes are available in Cimarron Hills, TX?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2725-7.4%

Summary: The Cimarron Hills real estate market had 25 homes for sale in September 2024, a 7.4% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1010
0.0%
4 1112
+9.1%
5+ 63
-50.0%

Summary: The Cimarron Hills housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
41-75.0%

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 Cimarron Hills, 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 Cimarron Hills in September 2024, down by 75.0% month-over-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 Cimarron Hills, TX

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

Average Sale Time

Sep 2023Sep 2024CHANGE
73 Days196 Days+168.5%

Summary: Homes in Cimarron Hills had an average of 196 days on market in Sep 2024, up by 168.5% 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 Cimarron Hills are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 1 homes were sold in Cimarron Hills; 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 Sep 1, 2024

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