Is Gulfgate Riverview / Pine Valley, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gulfgate Riverview / Pine Valley is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Gulfgate Riverview / Pine Valley was a Seller's Market.

Key Takeaway

Gulfgate Riverview / Pine Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Gulfgate Riverview / Pine Valley, TX

How much do homes in Gulfgate Riverview / Pine Valley, TX cost?

Median Sold Price

$204,000

$181/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$34,000(+20.0%)

Key Takeaway

Homes in Gulfgate Riverview / Pine Valley have sold for 20% more than they did a month ago.

Summary: The median home sold price in Gulfgate Riverview / Pine Valley was $204,000 in November 2024, up 20% from last month, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $170K$204K
+20.0%
4 --
N/A
5+ --
N/A

Summary: Gulfgate Riverview / Pine Valley housing prices by bedroom type for November 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 increased by 20%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Pecan Park
+59.3%
Gulfgate Riverview / Pine Valley
+20.0%
Lawndale / Wayside
-46.3%

Housing Supply in Gulfgate Riverview / Pine Valley, TX

How many homes are available in Gulfgate Riverview / Pine Valley, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1718+5.9%

Summary: The Gulfgate Riverview / Pine Valley real estate market had 18 homes for sale in November 2024, a 5.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1010
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Gulfgate Riverview / Pine Valley 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

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 Gulfgate Riverview / Pine Valley, 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 Gulfgate Riverview / Pine Valley in November 2024, down by 33.3% 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 Gulfgate Riverview / Pine Valley, TX

How long does it take to sell a home in Gulfgate Riverview / Pine Valley, TX?

Average Sale Time

Oct 2024Nov 2024CHANGE
11 Days22 Days+88.6%

Summary: Homes in Gulfgate Riverview / Pine Valley had an average of 22 days on market in Nov 2024, up by 88.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gulfgate Riverview / Pine Valley are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Gulfgate Riverview / Pine Valley; 100% of homes were sold within 30 days, 0% 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 26 Days Ago

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