Is The East End, 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, The East End was a Seller's Market.
Housing Prices in The East End, TX
How much do homes in The East End, TX cost?
Median Sold Price
$398,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in The East End was $398,000 in May 2024, down 12% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $475K | $425K | -10.5% |
2 Bedrooms | $375K | $277K | -26.1% |
3 Bedrooms | $489K | $462.4K | -5.4% |
4 Bedrooms | $565K | $534.5K | -5.4% |
5+ Bedrooms | $700K | $572.5K | -18.2% |
Summary: The East End housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.5%, 2 bedroom homes decreased by 26.1%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 18.2%.
Median Sold Price Compared To Nearby Neighborhoods
Galveston Harbor | $175.5K | $211K | +20.2% |
The East End | $452.5K | $398K | -12.0% |
San Jacinto | $397K | $337K | -15.1% |
The East End Historic District | $524.7K | $397K | -24.3% |
Housing Supply in The East End, TX
How many homes are available in The East End, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 59 | +40.5% |
Summary: The The East End real estate market had 59 homes for sale in May 2024, a 40.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 9 | 13 | +44.4% |
3 Bedrooms | 12 | 19 | +58.3% |
4 Bedrooms | 12 | 17 | +41.7% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The The East End housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 58.3%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in The East End in May 2024, up by 66.7% 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 The East End, TX
How long does it take to sell a home in The East End, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
52 Days | 43 Days | -18.2% |
Summary: Homes in The East End had an average of 43 days on market in May 2024, down by 18.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in The East End; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.