Buda Real Estate News: November 2023 Edition
Howdy, Budaful folks! If you've been keeping tabs, you'll know that the housing market in Buda, Texas has been buzzing with excitement lately. There are currently a whopping 211 homes up for grabs in the area, with 70 more snatched up and pending sale.
MARKET UPDATE | 78610
The average price per square foot is $213, and the median home price is $390,178. The average home price is a bit higher, at $421,985. This shows that Buda's housing market is a fierce competitor, but still has plenty of options for homebuyers.
The current inventory is at 3.0 months, meaning if no houses were added to the market, all existing homes would be sold in three months. The average days on the market is 67, which is a pretty quick turnaround time. The average seller in Buda can expect to receive 93.5% of their original list price.
All in all, the housing market in Buda is thriving! With affordable prices, speedy turnaround times, and a high percentage of sold price to the original list price, Buda is the perfect place for both buyers and sellers to make their move.
THINKING ABOUT Selling IN BUDA?
On average, existing homes in Buda, Texas are selling for $219/square foot. After quite some time, we saw Interest rates dip below 6% this week. Buyers are quick to make a good offer on homes that are well-prepared for the market and appropriately priced. Give me a shout for a pre-listing consultation. Let’s make sure you’re perfectly positioned to get the most for your house in the least amount of time.
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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 get updates in the future automatically! Feel free to call or text anytime with your real estate questions.