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 seller's market

Buyer's
Market

Difference Since Last Month

Last month, Cimarron Hills was a Buyer's Market.

Key Takeaway

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

Housing Prices in Cimarron Hills, TX

How much do homes in Cimarron Hills, TX cost?

Median Sold Price

$1,300,000

$322/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$87,500(+7.2%)

Key Takeaway

Homes in Cimarron Hills have sold for 7.2% more than they did a month ago.

Summary: The median home sold price in Cimarron Hills was $1,300,000 in November 2024, up 7.2% from last month, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$1.0M
N/A
4 $1.1M-
N/A
5+ $1.2M$1.8M
+46.8%

Summary: Cimarron Hills 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 46.8%.

Housing Supply in Cimarron Hills, TX

How many homes are available in Cimarron Hills, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
26260.0%

Summary: The Cimarron Hills real estate market had 26 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 99
0.0%
4 1314
+7.7%
5+ 43
-25.0%

Summary: The Cimarron Hills 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 remained the same, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

5 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 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 5 homes were sold or pending in Cimarron Hills in November 2024, up by 150.0% month-over-month. Of the 5 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

Oct 2024Nov 2024CHANGE
256 Days124 Days-51.6%

Summary: Homes in Cimarron Hills had an average of 124 days on market in Nov 2024, down by 51.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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 November 2024, 5 homes were sold in Cimarron Hills; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% 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 22 Days Ago

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