Buda Real Estate News: September 2023 Edition
Hey there, Budaful community!
market Update | 78610
We're checking in to give you the latest on the real estate market in our beloved Buda, Texas. The numbers show that there were 73 closed sales in zip code 78610, which is a 20.7% decrease from the previous year. The current average price for a home in Buda, TX is $437,142, marking a 6% decrease from the previous year. Additionally, the median price for a home in the area is $395,000, which is 9.7% lower than the previous year.
If you're curious about the average price per square foot in Buda, TX, it is currently at $201, which is an 8.9% decrease from last year. Homes are selling relatively quickly in the area, with an average of 54 days on the market. As of September 2023, there were 98 new listings, with a total of 263 active listings and 66 pending sales. With a current inventory of 4.0 months, it's still a seller's market in Buda, TX.
Buda Buyers, Listen up
One interesting point to note is that, on average, homes in Buda, Texas are selling for 94.2% of the original list price. This suggests that sellers are willing to negotiate with buyers, which is great news for those looking to purchase a home in the area.
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We hope this update on the Buda real estate market has been helpful to you. We'll continue to keep a close eye on the local market, so subscribe to automatically get updates in the future! Feel free to call or text anytime with your real estate questions.
