$5,105 Closing Credit*
$429,900
2,511 SqFt
3 Beds
•2 Full Baths
Rodolfo Saenz, Listing Office: eXp Realty
Is Sonoma Ranch, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Sonoma Ranch was a Seller's Market.
Key Takeaway
Sonoma Ranch is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sonoma Ranch, TX
How much do homes in Sonoma Ranch, TX cost?
Median Sold Price
$346,250
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$35,250(-9.2%)
Key Takeaway
Homes in Sonoma Ranch have sold for 9.2% less than they did a year ago.
Summary: The median home sold price in Sonoma Ranch was $346,250 in November 2024, down 9.2% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $341.2K | $329.7K | -3.4% |
| 4 Bedrooms | $495K | $455K | -8.1% |
| 5+ Bedrooms | $630K | $546K | -13.3% |
Summary: Sonoma Ranch 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 did not change, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 13.3%.
Housing Supply in Sonoma Ranch, TX
How many homes are available in Sonoma Ranch, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Summary: The Sonoma Ranch real estate market had 17 homes for sale in November 2024, a 5.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Sonoma Ranch 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 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 Sonoma Ranch, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Sonoma Ranch in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Sonoma Ranch, TX
How long does it take to sell a home in Sonoma Ranch, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 22 Days | -48.0% |
Summary: Homes in Sonoma Ranch had an average of 22 days on market in Nov 2024, down by 48% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sonoma Ranch are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Sonoma Ranch; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.