Is Fulshear-Simonton, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fulshear-Simonton is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Fulshear-Simonton was a Seller's Market.

Key Takeaway

Fulshear-Simonton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Fulshear-Simonton, TX

How much do homes in Fulshear-Simonton, TX cost?

Median Sold Price

$480,329

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,631(+3.4%)

Key Takeaway

Homes in Fulshear-Simonton have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Fulshear-Simonton was $480,329 in November 2024, up 3.4% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$30K
N/A
2 $387.5K$367K
-5.3%
3 $350.1K$366.1K
+4.6%
4 $475.5K$492.4K
+3.5%
5+ $695K$730.7K
+5.1%

Summary: Fulshear-Simonton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Cities

Weston Lakes
+21.7%
Fulshear
+5.2%
Fulshear-Simonton
+3.4%
Richmond
-2.6%

Housing Supply in Fulshear-Simonton, TX

How many homes are available in Fulshear-Simonton, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,0461,086+3.8%

Summary: The Fulshear-Simonton real estate market had 1,086 homes for sale in November 2024, a 3.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2528
+12.0%
3 214221
+3.3%
4 569606
+6.5%
5+ 237230
-3.0%

Summary: The Fulshear-Simonton 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 increased by 12%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
250170-32.0%

Asking Price vs. Sold Price

116 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fulshear-Simonton, you may be able to get a good deal. 68.6% of homes here sold below asking price last month.

Summary: A total of 170 homes were sold or pending in Fulshear-Simonton in November 2024, down by 32.0% month-over-month. Of the 169 sold homes, 69% were sold under asking, 22% were sold at asking, and 9% were sold over asking.

Days on Market for Fulshear-Simonton, TX

How long does it take to sell a home in Fulshear-Simonton, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days33 Days-13.6%

Summary: Homes in Fulshear-Simonton had an average of 33 days on market in Nov 2024, down by 13.6% compared to last year.

Breakdown of Home Sale Times

106 Homes Were Sold
Under 30 Days

48 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fulshear-Simonton are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 170 homes were sold in Fulshear-Simonton; 62% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 9% 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 17 Days Ago

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