Is Brazoria-West Columbia, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Brazoria-West Columbia was a Seller's Market.
Housing Prices in Brazoria-West Columbia, TX
How much do homes in Brazoria-West Columbia, TX cost?
Median Sold Price
$261,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Brazoria-West Columbia was $261,000 in May 2024, up 0.4% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $82.5K | $84.5K | +2.4% |
2 Bedrooms | $157K | $155.7K | -0.8% |
3 Bedrooms | $249.3K | $242K | -2.9% |
4 Bedrooms | $325K | $335K | +3.1% |
5+ Bedrooms | $379.9K | $372.4K | -2.0% |
Summary: Brazoria-West Columbia housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Cities
West Columbia | $260K | $295K | +13.5% |
Sweeny | $211K | $229.9K | +9.0% |
Brazoria | $205K | $220K | +7.3% |
Brazoria-West Columbia | $260K | $261K | 0.4% |
Housing Supply in Brazoria-West Columbia, TX
How many homes are available in Brazoria-West Columbia, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
211 | 228 | +8.1% |
Summary: The Brazoria-West Columbia real estate market had 228 homes for sale in May 2024, a 8.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 28 | 28 | 0.0% |
3 Bedrooms | 116 | 119 | +2.6% |
4 Bedrooms | 49 | 61 | +24.5% |
5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The Brazoria-West Columbia housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 30 | -6.3% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Brazoria-West Columbia in May 2024, down by 6.3% month-over-month. Of the 30 sold homes, 67% were sold under asking, 23% were sold at asking, and 10% were sold over asking.
Days on Market for Brazoria-West Columbia, TX
How long does it take to sell a home in Brazoria-West Columbia, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
76 Days | 115 Days | +50.5% |
Summary: Homes in Brazoria-West Columbia had an average of 115 days on market in May 2024, up by 50.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During May 2024, 30 homes were sold in Brazoria-West Columbia; 33% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.