Charterwood currently leans toward sellers, with the market gauge signaling a seller’s market. Months of supply sits at 5.6 in this rolling three-month view, a sharp increase from a year ago but still slightly tighter than the broader Houston market at 6 months. Typical home values are about $299,000, up strongly year over year.
Price trends help explain that seller-leaning gauge. The typical home value has climbed roughly 16% from a year earlier, while the median list price is also up compared with last year, indicating sellers are generally asking and getting more. At the same time, the share of homes selling above list price has surged to nearly three-quarters, and the average sale-to-list ratio is just over 101%, showing buyers are often bidding at or slightly above asking.
Supply and demand dynamics show some cross-currents. Active listings are down more than 20% from a year ago and both homes sold and new listings have dropped significantly, pointing to a slower pace and fewer options. Homes are taking a bit longer to sell than last year, with the median days on market rising to about a month, yet many still go under contract quickly, as nearly 40% are off the market within two weeks. Buyers and sellers who want to navigate these mixed signals can turn to Agent Pronto to find an agent who understands the Charterwood market.
