Is Kashmere Gardens, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kashmere Gardens is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Kashmere Gardens has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Kashmere Gardens, TX

How much do homes in Kashmere Gardens, TX cost?

Median Sold Price

$651,000

$138/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$499,500(+329.7%)

Key Takeaway

Homes in Kashmere Gardens have sold for 329.7% more than they did a month ago.

Summary: The median home sold price in Kashmere Gardens was $651,000 in October 2024, up 329.7% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $115K-
N/A
2 -$1.0M
N/A
3 $155K$230K
+48.4%
4 --
N/A
5+ --
N/A

Summary: Kashmere Gardens 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 increased by 48.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Kashmere Gardens, TX

How many homes are available in Kashmere Gardens, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3347+42.4%

Summary: The Kashmere Gardens real estate market had 47 homes for sale in October 2024, a 42.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1522
+46.7%
3 1522
+46.7%
4 01
+100.0%
5+ 22
0.0%

Summary: The Kashmere Gardens housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 46.7%, 3 bedroom homes increased by 46.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 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 Kashmere Gardens, 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 Kashmere Gardens in October 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 Kashmere Gardens, TX

How long does it take to sell a home in Kashmere Gardens, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
65 Days156 Days+138.2%

Summary: Homes in Kashmere Gardens had an average of 156 days on market in Oct 2024, up by 138.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Kashmere Gardens has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Kashmere Gardens; 0% of homes were sold within 30 days, 50% 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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