$2,850 Closing Credit*
$240,000
1,412 SqFt
4 Beds
•2 Full Baths
Robert Cortez, Listing Office: eXp Realty
Is Shearer Hills - Ridgeview, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Shearer Hills - Ridgeview was a Seller's Market.
Key Takeaway
Shearer Hills - Ridgeview is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shearer Hills - Ridgeview, TX
How much do homes in Shearer Hills - Ridgeview, TX cost?
Median Sold Price
$240,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$40,000(-14.3%)
Key Takeaway
Homes in Shearer Hills - Ridgeview have sold for 14.3% less than they did a year ago.
Summary: The median home sold price in Shearer Hills - Ridgeview was $240,000 in October 2024, down 14.3% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $107K | -2.7% |
| 2 Bedrooms | $175K | $180K | +2.9% |
| 3 Bedrooms | $309K | $247.5K | -19.9% |
| 4 Bedrooms | $333.3K | $353.5K | +6.0% |
| 5+ Bedrooms | $375K | $327K | -12.8% |
Summary: Shearer Hills - Ridgeview housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 19.9%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 12.8%.
Housing Supply in Shearer Hills - Ridgeview, TX
How many homes are available in Shearer Hills - Ridgeview, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 47 | +4.4% |
Summary: The Shearer Hills - Ridgeview real estate market had 47 homes for sale in October 2024, a 4.4% increase 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 | 8 | 7 | -12.5% |
| 3 Bedrooms | 25 | 27 | +8.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Shearer Hills - Ridgeview 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 decreased by 12.5%, 3 bedroom homes increased by 8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Shearer Hills - Ridgeview, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Shearer Hills - Ridgeview in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Shearer Hills - Ridgeview, TX
How long does it take to sell a home in Shearer Hills - Ridgeview, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 38 Days | -36.2% |
Summary: Homes in Shearer Hills - Ridgeview had an average of 38 days on market in Oct 2024, down by 36.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Shearer Hills - Ridgeview are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Shearer Hills - Ridgeview; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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.