$8,075 Closing Credit*
$680,000
2,721 SqFt
4 Beds
•2 Full Baths, 1 Partial
Charles Patawaran, Listing Office: Gatsby Advisors Real Estate
Is Spring Branch North, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Spring Branch North has remained a Seller's Market.
Key Takeaway
Spring Branch North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Spring Branch North, TX
How much do homes in Spring Branch North, TX cost?
Median Sold Price
$418,250
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$3,250(+0.8%)
Key Takeaway
Homes in Spring Branch North have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Spring Branch North was $418,250 in December 2024, up 0.8% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $329K | $208K | -36.8% |
| 3 Bedrooms | $378K | $370.4K | -2.0% |
| 4 Bedrooms | $467.8K | $490K | +4.7% |
| 5+ Bedrooms | $492.5K | $543.7K | +10.4% |
Summary: Spring Branch North housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36.8%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Spring Branch Central | $390K | $414.9K | +6.4% |
| Spring Branch West | $420K | $430K | +2.4% |
| Spring Branch North | $415K | $418.2K | +0.8% |
| Carverdale | $335K | $294K | -12.2% |
Housing Supply in Spring Branch North, TX
How many homes are available in Spring Branch North, TX?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 90 | 88 | -2.2% |
Summary: The Spring Branch North real estate market had 88 homes for sale in December 2024, a 2.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 45 | 43 | -4.4% |
| 4 Bedrooms | 35 | 34 | -2.9% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Spring Branch North housing inventory by bedroom type for December 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 4.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 | 17 | -19.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Branch North, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Spring Branch North in December 2024, down by 19.0% month-over-month. Of the 17 sold homes, 76% were sold under asking, 6% were sold at asking, and 18% were sold over asking.
Days on Market for Spring Branch North, TX
How long does it take to sell a home in Spring Branch North, TX?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 37 Days | 30 Days | -18.0% |
Summary: Homes in Spring Branch North had an average of 30 days on market in Dec 2024, down by 18% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Spring Branch North are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 17 homes were sold in Spring Branch North; 65% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.