MARKET UPDATE
Q2
MAY
2 0 2 4
F ort B end C ounty
MARKET STATS
MAY 2024
PRICE RANGE ACTIVE LISTINGS* PENDING UNDER CONTRACT CLOSED SALES MONTHS SUPPLY OF INVENTORY
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+
19 264 887 415 494 333 202 139 57 106 44 45 10 119 351 138 136 108 69 38 28 39 11 1 16 165 331 143 174 95 78 53 24 37 6 2 1.7 2 3 3.4 3.9 3.6 3.9 3.9 3 4.6 9.1 35.1
*AS OF MAY 31, 2024
Secondary Indicators
May 2024 vs. May 2023 May-24 May-23
$422,500 $483,786 $410,613 $473.267 97.79% 39 $173.61 $410,000 $474,304 $400000 $464,971 98.29% 39 $169.78 Median List Price Avg List Price Median Sold Price Avg Sold Price SP/OP% Avg Sold DOM Sold $ Per SF
May 2023 - May 2024 # Units
Listings Under Contract For Sale
0 1000 2000 3000 4000 May '23 Jun '23 July '23 Aug '23 Sept '23 Oct '23 Nov '23 Dec '23 24-Jan 24-Feb 24-Mar 24-Apr 24-May Trends
Sold
May 2023 - May 2024
$0 $1 $2 May '23 June '23 Jul '23 Aug '23 Sept '23 Oct '23 Nov '23 Dec '23 Jan '24 Feb '24 24-Mar 24-Apr 24-May Billions Trends
$ Volume Sold Listings
Contract For Sale
Under
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!