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 November 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

$600,001

$534/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$114,999(-16.1%)

Key Takeaway

Homes in East Cesar Chavez have sold for 16.1% less than they did a year ago.

Summary: The median home sold price in East Cesar Chavez was $600,001 in November 2024, down 16.1% from last year, and the median price per square foot was $534.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $335K$379.3K
+13.2%
2 $643.5K$585.5K
-9.0%
3 $855.5K$956.2K
+11.8%
4 $1.0M$1.2M
+13.1%
5+ $900K-
N/A

Summary: East Cesar Chavez housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes did not change.

Housing Supply in East Cesar Chavez, TX

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2829+3.6%

Summary: The East Cesar Chavez real estate market had 29 homes for sale in November 2024, a 3.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 68
+33.3%
2 109
-10.0%
3 44
0.0%
4 22
0.0%
5+ 66
0.0%

Summary: The East Cesar Chavez housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 10%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 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 East Cesar Chavez, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in East Cesar Chavez in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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

Nov 2023Nov 2024CHANGE
104 Days154 Days+47.4%

Summary: Homes in East Cesar Chavez had an average of 154 days on market in Nov 2024, up by 47.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During November 2024, 2 homes were sold in East Cesar Chavez; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

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