$6,163 Closing Credit*
$519,000
1,421 SqFt
3 Beds
•2 Full Baths
Christi Davidson, Listing Office: eXp Realty, LLC
Is Parker Lane, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Parker Lane has remained a Buyer's Market.
Key Takeaway
Parker Lane is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Parker Lane, TX
How much do homes in Parker Lane, TX cost?
Median Sold Price
$324,500
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$83,000(-20.4%)
Key Takeaway
Homes in Parker Lane have sold for 20.4% less than they did a year ago.
Summary: The median home sold price in Parker Lane was $324,500 in October 2024, down 20.4% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222.5K | $175K | -21.3% |
| 2 Bedrooms | $360.6K | $255K | -29.3% |
| 3 Bedrooms | $450K | $421K | -6.4% |
| 4 Bedrooms | $675K | $628.5K | -6.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Parker Lane housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.3%, 2 bedroom homes decreased by 29.3%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes did not change.
Housing Supply in Parker Lane, TX
How many homes are available in Parker Lane, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 35 | -2.8% |
Summary: The Parker Lane real estate market had 35 homes for sale in October 2024, a 2.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Parker Lane housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Parker Lane, 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 Parker Lane in October 2024, up by 50.0% month-over-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 Parker Lane, TX
How long does it take to sell a home in Parker Lane, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 150 Days | 102 Days | -31.8% |
Summary: Homes in Parker Lane had an average of 102 days on market in Oct 2024, down by 31.8% 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
Key Takeaway
Most homes in Parker Lane are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Parker Lane; 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.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.