Is Los Jardines, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Los Jardines is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Los Jardines was a Seller's Market.

Key Takeaway

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

Housing Prices in Los Jardines, TX

How much do homes in Los Jardines, TX cost?

Median Sold Price

$172,500

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,500(-4.2%)

Key Takeaway

Homes in Los Jardines have sold for 4.2% less than they did a year ago.

Summary: The median home sold price in Los Jardines was $172,500 in October 2024, down 4.2% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $60K$95K
+58.3%
2 $148.8K$76.9K
-48.3%
3 $188K$175K
-6.9%
4 $205K$190.4K
-7.1%
5+ $260K$163.1K
-37.3%

Summary: Los Jardines housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.3%, 2 bedroom homes decreased by 48.3%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 37.3%.

Median Sold Price Compared To Nearby Neighborhoods

Los Jardines
-4.2%
Memorial Heights
-27.1%

Housing Supply in Los Jardines, TX

How many homes are available in Los Jardines, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3031+3.3%

Summary: The Los Jardines real estate market had 31 homes for sale in October 2024, a 3.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2324
+4.3%
4 44
0.0%
5+ 10
-100.0%

Summary: The Los Jardines 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 50%, 3 bedroom homes increased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 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 Los Jardines, 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 Los Jardines in October 2024, the same as the previous 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 Los Jardines, TX

How long does it take to sell a home in Los Jardines, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days78 Days+269.5%

Summary: Homes in Los Jardines had an average of 78 days on market in Oct 2024, up by 269.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were 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 Los Jardines has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Los Jardines; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

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