Is Northwest Los Angeles Heights, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northwest Los Angeles Heights is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Northwest Los Angeles Heights was a Seller's Market.

Key Takeaway

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

Housing Prices in Northwest Los Angeles Heights, TX

How much do homes in Northwest Los Angeles Heights, TX cost?

Median Sold Price

$168,500

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$28,500(-14.5%)

Key Takeaway

Homes in Northwest Los Angeles Heights have sold for 14.5% less than they did a year ago.

Summary: The median home sold price in Northwest Los Angeles Heights was $168,500 in November 2024, down 14.5% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $180K$156.5K
-13.1%
3 $206.5K$161.5K
-21.8%
4 $305K$243K
-20.3%
5+ -$185K
N/A

Summary: Northwest Los Angeles Heights 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 13.1%, 3 bedroom homes decreased by 21.8%, 4 bedroom homes decreased by 20.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

North Central
-11.4%
Northwest Los Angeles Heights
-14.5%
Shearer Hills - Ridgeview
-16.9%

Housing Supply in Northwest Los Angeles Heights, TX

How many homes are available in Northwest Los Angeles Heights, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2833+17.9%

Summary: The Northwest Los Angeles Heights real estate market had 33 homes for sale in November 2024, a 17.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 1920
+5.3%
4 67
+16.7%
5+ 01
+100.0%

Summary: The Northwest Los Angeles Heights 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 66.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 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 Northwest Los Angeles Heights, 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 Northwest Los Angeles Heights in November 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 Northwest Los Angeles Heights, TX

How long does it take to sell a home in Northwest Los Angeles Heights, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
57 Days128 Days+125.7%

Summary: Homes in Northwest Los Angeles Heights had an average of 128 days on market in Nov 2024, up by 125.7% compared to last year.

Breakdown of Home Sale Times

0 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

Most homes in Northwest Los Angeles Heights are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Northwest Los Angeles Heights; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 22 Days Ago

Newest Listings in Northwest Los Angeles Heights, TX

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