Karina Gafford

Spring Branch, TX

Single-Family Homes



Spring Branch, TX

Sun Jan 29 2023
This week the median list price for Spring Branch, TX is $499,000 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has decreased to 97. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Spring Branch, TX

Sun Jan 29 2023
This week the median list price for Spring Branch, TX is $499,000 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has decreased to 97. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Spring Branch market.
Median List Price $499,000
Median Price of New Listings $312,450
Per Square Foot $253
Average Days on Market 93
Median Days on Market 63
Price Decreased 49%
Price Increased 2%
Relisted 6%
Inventory 97
Median Rent
Market Action 34
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
$1,198,000 3,729 1 - 2.5 acres 4 3.5 12 1 4 63
$744,395 2,734 1 - 2.5 acres 4 3 3 0 7 101
$412,495 1,720 8,000 - 10,000 sqft 3 2 1 1 3 70
$270,000 1,317 0.25 - 0.5 acre 3 2 1 8 3 35