Karina Gafford

Boerne, TX

Single-Family Homes



Boerne, TX

Fri Sep 30 2022
This week the median list price for Boerne, TX is $749,945 with the market action index hovering around 38. This is less than last month's market action index of 41. Inventory has increased to 290. Click here to stay informed with the Boerne market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Boerne, TX

Fri Sep 30 2022
This week the median list price for Boerne, TX is $749,945 with the market action index hovering around 38. This is less than last month's market action index of 41. Inventory has increased to 290. Click here to stay informed with the Boerne market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Boerne market.
Median List Price $749,945
Median Price of New Listings $769,990
Per Square Foot $252
Average Days on Market 78
Median Days on Market 56
Price Decreased 51%
Price Increased 4%
Relisted 4%
Inventory 290
Median Rent
Market Action 38
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,350,000 4,042 1 - 2.5 acres 4 3.5 17 8 7 77
$845,660 3,180 0.25 - 0.5 acre 4 3.5 0 7 4 66
$649,524 2,793 8,000 - 10,000 sqft 4 3 1 5 7 77
$474,695 2,252 6,500 - 8,000 sqft 3 2.5 6 7 14 35