Is Tahitian Village, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tahitian Village is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Tahitian Village has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Tahitian Village, TX

How much do homes in Tahitian Village, TX cost?

Median Sold Price

$390,000

$223/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

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

Summary: The median home sold price in Tahitian Village was $390,000 in November 2024, the same as last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $287.5K$315K
+9.6%
3 $382.9K$380K
-0.8%
4 $410K$415K
+1.2%
5+ $421.5K$565K
+34.0%

Summary: Tahitian Village 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 increased by 9.6%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 34%.

Housing Supply in Tahitian Village, TX

How many homes are available in Tahitian Village, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8987-2.2%

Summary: The Tahitian Village real estate market had 87 homes for sale in November 2024, a 2.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 6259
-4.8%
4 2122
+4.8%
5+ 33
0.0%

Summary: The Tahitian Village 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 4.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tahitian Village, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Tahitian Village in November 2024, down by 58.3% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Tahitian Village, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days37 Days-8.1%

Summary: Homes in Tahitian Village had an average of 37 days on market in Nov 2024, down by 8.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tahitian Village has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Tahitian Village; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

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