$4,417 Closing Credit*
$371,950
2,559 SqFt
4 Beds
•3 Full Baths, 1 Partial
Jaclyn Calhoun, Listing Office: Escape Realty
Is Redbird Ranch, 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, Redbird Ranch has remained a Seller's Market.
Key Takeaway
Redbird Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Redbird Ranch, TX
How much do homes in Redbird Ranch, TX cost?
Median Sold Price
$315,145
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,145(+2.7%)
Key Takeaway
Homes in Redbird Ranch have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Redbird Ranch was $315,145 in October 2024, up 2.7% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $270K | $270K | 0.0% |
| 4 Bedrooms | $336K | $349.9K | +4.2% |
| 5+ Bedrooms | $437.5K | $344K | -21.4% |
Summary: Redbird Ranch housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 21.4%.
Housing Supply in Redbird Ranch, TX
How many homes are available in Redbird Ranch, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The Redbird Ranch real estate market had 19 homes for sale in October 2024, a 9.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Redbird Ranch 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 remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Redbird Ranch, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Redbird Ranch in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Redbird Ranch, TX
How long does it take to sell a home in Redbird Ranch, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 85 Days | +210.3% |
Summary: Homes in Redbird Ranch had an average of 85 days on market in Oct 2024, up by 210.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Redbird Ranch are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in Redbird Ranch; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.