Is Cordillera Ranch, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cordillera Ranch is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Cordillera Ranch, TX

How much do homes in Cordillera Ranch, TX cost?

Median Sold Price

$2,900,000

$553/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$1,613,500(+125.4%)

Key Takeaway

Homes in Cordillera Ranch have sold for 125.4% more than they did a month ago.

Summary: The median home sold price in Cordillera Ranch was $2,900,000 in October 2024, up 125.4% from last month, and the median price per square foot was $553.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $327.5K-
N/A
4 $1.3M-
N/A
5+ -$2.9M
N/A

Summary: Cordillera Ranch housing prices by bedroom type for October 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 did not change.

Housing Supply in Cordillera Ranch, TX

How many homes are available in Cordillera Ranch, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3031+3.3%

Summary: The Cordillera Ranch real estate market had 31 homes for sale in October 2024, a 3.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 1716
-5.9%
5+ 68
+33.3%

Summary: The Cordillera Ranch 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 remained the same, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 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 Cordillera Ranch, 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 Cordillera Ranch in October 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 Cordillera Ranch, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
74 Days87 Days+16.8%

Summary: Homes in Cordillera Ranch had an average of 87 days on market in Oct 2024, up by 16.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cordillera Ranch has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Cordillera Ranch; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in Cordillera Ranch, TX

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