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

$152,000

$127/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$499,000(-76.7%)

Key Takeaway

Homes in Kashmere Gardens have sold for 76.7% less than they did a month ago.

Summary: The median home sold price in Kashmere Gardens was $152,000 in November 2024, down 76.7% from last month, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $1.0M$138.5K
-87.1%
3 $230K$200K
-13.0%
4 --
N/A
5+ --
N/A

Summary: Kashmere Gardens 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 decreased by 87.1%, 3 bedroom homes decreased by 13%, 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

Oct 2024Nov 2024CHANGE
4051+27.5%

Summary: The Kashmere Gardens real estate market had 51 homes for sale in November 2024, a 27.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1522
+46.7%
3 2224
+9.1%
4 12
+100.0%
5+ 23
+50.0%

Summary: The Kashmere Gardens 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 46.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

5 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 5 homes were sold or pending in Kashmere Gardens in November 2024, up by 150.0% month-over-month. Of the 5 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

Oct 2024Nov 2024CHANGE
156 Days94 Days-39.4%

Summary: Homes in Kashmere Gardens had an average of 94 days on market in Nov 2024, down by 39.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kashmere Gardens are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Kashmere Gardens; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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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