Is Pirates' Beach, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pirates' Beach is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Pirates' Beach has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Pirates' Beach, TX

How much do homes in Pirates' Beach, TX cost?

Median Sold Price

$355,000

$258/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$335,000(-48.6%)

Key Takeaway

Homes in Pirates' Beach have sold for 48.6% less than they did a month ago.

Summary: The median home sold price in Pirates' Beach was $355,000 in November 2024, down 48.6% from last month, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$150K
N/A
2 --
N/A
3 $700K$355K
-49.3%
4 $680K$1.3M
+94.9%
5+ --
N/A

Summary: Pirates' Beach 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 did not change, 3 bedroom homes decreased by 49.3%, 4 bedroom homes increased by 94.9%, and 5+ bedroom homes did not change.

Housing Supply in Pirates' Beach, TX

How many homes are available in Pirates' Beach, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3238+18.8%

Summary: The Pirates' Beach real estate market had 38 homes for sale in November 2024, a 18.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 1216
+33.3%
4 99
0.0%
5+ 56
+20.0%

Summary: The Pirates' Beach 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 20%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pirates' Beach, 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 Pirates' Beach in November 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 Pirates' Beach, TX

How long does it take to sell a home in Pirates' Beach, TX?

Average Sale Time

Oct 2024Nov 2024CHANGE
13 Days29 Days+119.8%

Summary: Homes in Pirates' Beach had an average of 29 days on market in Nov 2024, up by 119.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Pirates' Beach; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Pirates' Beach, TX

Nearby Markets to Pirates' Beach, TX