$4,394 Closing Credit*
$370,000
1,074 SqFt
3 Beds
•1 Full Bath
Ernesto Garcia, Listing Office: ST Realty
Is Gulfgate Riverview / Pine Valley, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Gulfgate Riverview / Pine Valley was a Buyer's Market.
Key Takeaway
Gulfgate Riverview / Pine Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gulfgate Riverview / Pine Valley, TX
How much do homes in Gulfgate Riverview / Pine Valley, TX cost?
Median Sold Price
$170,000
$81/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$71,000(-29.5%)
Key Takeaway
Homes in Gulfgate Riverview / Pine Valley have sold for 29.5% less than they did a month ago.
Summary: The median home sold price in Gulfgate Riverview / Pine Valley was $170,000 in October 2024, down 29.5% from last month, and the median price per square foot was $81.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $202K | $170K | -15.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $280K | - | N/A |
Summary: Gulfgate Riverview / Pine Valley housing prices by bedroom type for October 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 decreased by 15.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Pecan Park | $209K | $150K | -28.3% |
| Gulfgate Riverview / Pine Valley | $241K | $170K | -29.5% |
Housing Supply in Gulfgate Riverview / Pine Valley, TX
How many homes are available in Gulfgate Riverview / Pine Valley, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Gulfgate Riverview / Pine Valley real estate market had 17 homes for sale in October 2024, a 6.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Gulfgate Riverview / Pine Valley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 3 homes were sold or pending in Gulfgate Riverview / Pine Valley in October 2024, up by 50.0% month-over-month. Of the 3 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 348 Days | 11 Days | -96.6% |
Summary: Homes in Gulfgate Riverview / Pine Valley had an average of 11 days on market in Oct 2024, down by 96.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gulfgate Riverview / Pine Valley are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Gulfgate Riverview / Pine Valley; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.