Is Sonterra, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sonterra is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sonterra was a Seller's Market.

Key Takeaway

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

Housing Prices in Sonterra, TX

How much do homes in Sonterra, TX cost?

Median Sold Price

$270,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$100(0.0%)

Key Takeaway

The sold price of homes in Sonterra has remained the same since last year.

Summary: The median home sold price in Sonterra was $270,000 in November 2024, the same as last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $242K-
N/A
3 $265K$251.2K
-5.2%
4 $299.9K$298K
-0.7%
5+ $333K$309K
-7.2%

Summary: Sonterra 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 5.2%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 7.2%.

Housing Supply in Sonterra, TX

How many homes are available in Sonterra, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3947+20.5%

Summary: The Sonterra real estate market had 47 homes for sale in November 2024, a 20.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 3037
+23.3%
4 56
+20.0%
5+ 33
0.0%

Summary: The Sonterra 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 increased by 23.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sonterra, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Sonterra in November 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for Sonterra, TX

How long does it take to sell a home in Sonterra, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
62 Days92 Days+48.2%

Summary: Homes in Sonterra had an average of 92 days on market in Nov 2024, up by 48.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sonterra are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 5 homes were sold in Sonterra; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% 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 10 Days Ago

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