Q1 JAN
2 0 2 4
MARKET U P D AT E ARLENE NOVAK
REALTOR® 281.684.0207 anovak@garygreene.com GaryGreene.com
Fort Bend County MARKET STATS JANUARY 2023
PRICE RANGE
ACTIVE LISTINGS* PENDING UNDER CONTRACT
CLOSED SALES
MONTHS SUPPLY OF INVENTORY
Below $200
23
8
13
2.1
$200K-300K
208
91
123
1.5
$300K-400K
701
295
203
2.4
$400K - 500K
282
102
82
2.4
$500K - 600K
357
122
87
2.8
$600K - 700K
253
90
48
2.7
$700K - 800K
141
42
33
2.7
$800K - 900K
88
23
16
2.3
$900K - 1M
31
16
6
2.9
$1M - 1.5M
88
15
18
4
$1.5M - 2M
25
3
1
4.5
$2M+
30
1
0
21.6
*AS OF JANUIARY 31
Secondary Indicators January 2024 vs. January 2023
52 $386,950 $375,000
$445,164 $422,632
Median List Price
Avg List Price
$380,000
$430,413
$364,998
$407,692
Median Sold Price
Avg Sold Price Jan-24
Jan-23
97.02%
96.81%
SP/OP%
45
Avg Sold DOM
$166.01 $161.59
Sold $ Per SF
Trends January 2023 - January 2024 # Units 4000
3000
2000
1000
0
Jan '23
Feb '23
Mar '23
Apr '23
May '23
Jun '23
Sold Listings
July '23
Aug '23
Under Contract
Sept '23 For Sale
Oct '23
Nov '23
Dec '23
24-Jan
Trends January 2023 - January 2024 $ Volume
Billions
$2
$1
$0
Jan '23
Feb '23
Mar '23
Apr '23
May '23
June '23
Sold Listings
Jul '23 Under Contract
Aug '23
Sept '23
For Sale
Oct '23
Nov '23
Dec '23
Jan '24
2023 HOUSTON METR OP OLITAN 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!