Is East Cesar Chavez, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Cesar Chavez is a buyer's market

Buyer's
Market

Difference Since August 2023

At the same time last year, East Cesar Chavez was a Seller's Market.

Key Takeaway

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

Housing Prices in East Cesar Chavez, TX

How much do homes in East Cesar Chavez, TX cost?

Median Sold Price

$730,000

$556/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$30,000(+4.3%)

Key Takeaway

Homes in East Cesar Chavez have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in East Cesar Chavez was $730,000 in August 2024, up 4.3% from last year, and the median price per square foot was $556.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $404.5K$330K
-18.4%
2 $634.2K$635K
0.1%
3 $842.5K$911.7K
+8.2%
4 $1.0M$1.1M
+11.1%
5+ $1.4M$900K
-35.7%

Summary: East Cesar Chavez housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.4%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 35.7%.

Housing Supply in East Cesar Chavez, TX

How many homes are available in East Cesar Chavez, TX?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
3537+5.7%

Summary: The East Cesar Chavez real estate market had 37 homes for sale in August 2024, a 5.7% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 77
0.0%
2 1010
0.0%
3 88
0.0%
4 45
+25.0%
5+ 67
+16.7%

Summary: The East Cesar Chavez housing inventory by bedroom type for August 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 25%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Cesar Chavez, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in East Cesar Chavez in August 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for East Cesar Chavez, TX

How long does it take to sell a home in East Cesar Chavez, TX?

Average Sale Time

Aug 2023Aug 2024CHANGE
36 Days90 Days+147.5%

Summary: Homes in East Cesar Chavez had an average of 90 days on market in Aug 2024, up by 147.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Cesar Chavez are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 3 homes were sold in East Cesar Chavez; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 27 Days Ago

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