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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cross Creek Ranch is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Cross Creek Ranch has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cross Creek Ranch, TX

How much do homes in Cross Creek Ranch, TX cost?

Median Sold Price

$545,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$30,000(-5.2%)

Key Takeaway

Homes in Cross Creek Ranch have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Cross Creek Ranch was $545,000 in December 2024, down 5.2% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $393.5K$411.2K
+4.5%
3 $337K$410K
+21.7%
4 $544.2K$530K
-2.6%
5+ $807.3K$843K
+4.4%

Summary: Cross Creek Ranch housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 4.4%.

Median Sold Price Compared To Nearby Neighborhoods

Cinco Ranch Southwest
+2.0%
Cinco Ranch
+2.0%
Westheimer Lakes North
-2.8%
Cross Creek Ranch
-5.2%

Housing Supply in Cross Creek Ranch, TX

How many homes are available in Cross Creek Ranch, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8182+1.2%

Summary: The Cross Creek Ranch real estate market had 82 homes for sale in December 2024, a 1.2% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 88
0.0%
3 1411
-21.4%
4 4045
+12.5%
5+ 1918
-5.3%

Summary: The Cross Creek Ranch housing inventory by bedroom type for December 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 21.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 5.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1819+5.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cross Creek Ranch, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Cross Creek Ranch in December 2024, up by 5.6% month-over-month. Of the 19 sold homes, 74% were sold under asking, 16% were sold at asking, and 11% were sold over asking.

Days on Market for Cross Creek Ranch, TX

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

Average Sale Time

Dec 2023Dec 2024CHANGE
60 Days49 Days-18.2%

Summary: Homes in Cross Creek Ranch had an average of 49 days on market in Dec 2024, down by 18.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cross Creek Ranch are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 19 homes were sold in Cross Creek Ranch; 53% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 16% 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 10 Days Ago

Newest Listings in Cross Creek Ranch, TX

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