Karina Gafford

Spring Branch, TX

Single-Family Homes



Spring Branch, TX

Mon Jun 05 2023
This week the median list price for Spring Branch, TX is $689,989 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has held steady at or around 115. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Spring Branch, TX

Mon Jun 05 2023
This week the median list price for Spring Branch, TX is $689,989 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has held steady at or around 115. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Spring Branch market.
Median List Price $689,989
Median Price of New Listings $589,000
Per Square Foot $271
Average Days on Market 81
Median Days on Market 49
Price Decreased 43%
Price Increased 5%
Relisted 14%
Inventory 115
Median Rent
Market Action 36
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$1,275,700 3,786 1 - 2.5 acres 4 3.5 14 2 2 59
$799,990 2,825 1 - 2.5 acres 4 3 7 2 2 42
$589,000 2,309 1 - 2.5 acres 3 2.5 6 6 0 49
$327,000 1,469 0.25 - 0.5 acre 3 2 0 3 4 63