Is Monte Vista, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Monte Vista is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Monte Vista was a Seller's Market.

Key Takeaway

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

Housing Prices in Monte Vista, TX

How much do homes in Monte Vista, TX cost?

Median Sold Price

$660,000

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$23,750(-3.5%)

Key Takeaway

Homes in Monte Vista have sold for 3.5% less than they did a year ago.

Summary: The median home sold price in Monte Vista was $660,000 in November 2024, down 3.5% from last year, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $512.5K$422.7K
-17.5%
3 $672.5K$637K
-5.3%
4 $747K$725K
-2.9%
5+ $822.5K$663K
-19.4%

Summary: Monte Vista housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.5%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 19.4%.

Median Sold Price Compared To Nearby Neighborhoods

Monte Vista
-3.5%
Tobin Hill
-7.0%

Housing Supply in Monte Vista, TX

How many homes are available in Monte Vista, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2825-10.7%

Summary: The Monte Vista real estate market had 25 homes for sale in November 2024, a 10.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 99
0.0%
4 99
0.0%
5+ 64
-33.3%

Summary: The Monte Vista 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was 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 Monte Vista, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Monte Vista in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Monte Vista, TX

How long does it take to sell a home in Monte Vista, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days287 Days+626.6%

Summary: Homes in Monte Vista had an average of 287 days on market in Nov 2024, up by 626.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Monte Vista are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Monte Vista; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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

Newest Listings in Monte Vista, TX

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