Is Sunset Canyon, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunset Canyon is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Sunset Canyon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Sunset Canyon, TX

How much do homes in Sunset Canyon, TX cost?

Median Sold Price

$769,500

$299/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,500(-1.3%)

Key Takeaway

Homes in Sunset Canyon have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in Sunset Canyon was $769,500 in October 2024, down 1.3% from last year, and the median price per square foot was $299.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$475K
N/A
3 $706.8K$662K
-6.3%
4 $786.5K$789K
0.3%
5+ -$1.8M
N/A

Summary: Sunset Canyon 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 decreased by 6.3%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Sunset Canyon
-1.3%
Headwaters
-4.7%

Housing Supply in Sunset Canyon, TX

How many homes are available in Sunset Canyon, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1213+8.3%

Summary: The Sunset Canyon real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 89
+12.5%
5+ 21
-50.0%

Summary: The Sunset Canyon 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 increased by 50%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunset Canyon, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sunset Canyon in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Sunset Canyon, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days69 Days+87.8%

Summary: Homes in Sunset Canyon had an average of 69 days on market in Oct 2024, up by 87.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sunset Canyon has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Sunset Canyon; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

Newest Listings in Sunset Canyon, TX

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