MARKET UPDATE Q1 2 0 2 4 MAR ARLENE NOVAK REALTOR® 281.684.0207 anovak@garygreene.com GaryGreene.com
F ort B end C ounty
PRICE RANGE ACTIVE LISTINGS* PENDING UNDER CONTRACT CLOSED SALES MONTHS SUPPLY OF INVENTORY *AS OF MARCH 31 Below $200 $200K-300K $300K-400K $400K - 500K $500K - 600K $600K - 700K $700K - 800K $800K - 900K $900K - 1M $1M - 1.5M $1.5M - 2M $2M+ 22 212 696 334 363 241 173 98 43 97 34 36 9 138 316 121 156 107 47 36 11 42 9 1 14 161 266 102 123 54 50 26 9 16 0 1 1.9 1.5 2.3 2.5 3 2.9 2.8 2.9 2.9 4.5 6.4 25.6
MARKET STATS MARCH 2024
Secondary Indicators
$389,990 $442,939 $380,000 $430,533 97.18% 41 $168.39 $399,900 $466,886 $390,000 $453,207 97.38% 56 $165.38 Median List Price Avg List Price Median Sold Price Avg Sold Price SP/OP% Avg Sold DOM Sold $ Per SF
March 2024 vs. March 2023 Mar-24 Mar-23
0 1000 2000 3000 4000 Mar '23 Apr '23 May '23 Jun '23 July '23 Aug '23 Sept '23 Oct '23 Nov '23 Dec '23 24-Jan 24-Feb 24-Mar Trends
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2024 # Units Sold Listings Under Contract For Sale
March 2023
March
$0 $1 $2 Mar '23 Apr '23 May '23 June '23 Jul '23 Aug '23 Sept '23 Oct '23 Nov '23 Dec '23 Jan '24 Feb '24 24-Mar Billions
Trends
March 2023 - March 2024 $ Volume Sold Listings Under Contract For Sale
2023 HOUSTON METROPOLITAN MARKET FACTS!
With gratitude and appreciation, we thank our customers for their support in 2023!
• Celebrating our 60TH year in Houston Residential Real Estate – and another successful year!
• Over 3,900 sellers SOLD their home through the advice and counsel of a BHGRE Gary Greene agent.
• Over 4,000 buyers selected a BHGRE Gary Greene agent for assistance in finding and buying a home.
• BHGRE Gary Greene agents worked together to close over 7,975 homes in 2023!
• BHGRE Gary Greene agents closed over $1.4 BILLION listings!
• BHGRE Gary Greene agents closed over $1.3 BILLION properties.
• BHGRE Gary Greene closed over $2.7 BILLION in residential sales.
More consumers have trusted an agent from BHGRE Gary Greene to buy or sell a home than any other company in Houston’s history since 1963!