Karina Gafford

Spring Branch, TX

Single-Family Homes



Spring Branch, TX

Fri Sep 30 2022
This week the median list price for Spring Branch, TX is $675,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has increased to 109. Click here to stay informed with the Spring Branch 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Spring Branch, TX

Fri Sep 30 2022
This week the median list price for Spring Branch, TX is $675,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has increased to 109. Click here to stay informed with the Spring Branch 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Spring Branch market.
Median List Price $675,000
Median Price of New Listings $809,500
Per Square Foot $261
Average Days on Market 70
Median Days on Market 56
Price Decreased 53%
Price Increased 1%
Relisted 6%
Inventory 109
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,250,000 3,653 2.5 - 5 acres 4 3.5 11 4 1 70
$819,990 2,910 1 - 2.5 acres 4 3 9 6 3 84
$569,000 2,255 1 - 2.5 acres 3 2.5 16 6 8 35
$309,200 1,450 0.25 - 0.5 acre 3 2 0 2 0 59