Q3 OCT
2 0 2 3
MARKET U P D AT E ARLENE NOVAK
REALTOR® 281.684.0207 anovak@garygreene.com GaryGreene.com
Fort Bend County MARKET STATS OCTOBER 2023
PRICE RANGE
ACTIVE LISTINGS* PENDING UNDER CONTRACT
CLOSED SALES
MONTHS SUPPLY OF INVENTORY
Below $200
14
7
12
1.1
$200K-300K
192
101
105
1.4
$300K-400K
729
244
256
2.4
$400K - 500K
330
93
105
2.8
$500K - 600K
432
121
106
3.4
$600K - 700K
262
72
72
3
$700K - 800K
178
52
37
3.2
$800K - 900K
114
32
21
2.7
$900K - 1M
46
7
21
3.8
$1M - 1.5M
83
14
24
4.1
$1.5M - 2M
31
1
5
5.3
$2M+
33
3
1
21.9
*AS OF OCTOBER 31
Secondary Indicators October 2023 vs. October 2022 $404,900 $388,245
Median List Price
$472,543
$399,000 $380,000
$461,001 $425,275
Median Sold Price
Avg Sold Price
97.80%
97.84%
37
37
$165.22 $168.77
$435,441
Avg List Price
Oct-23
Oct-22
SP/OP%
Avg Sold DOM
Sold $ Per SF
Trends October 2022 - October 2023 # Units 5000 4000 3000 2000 1000 0
Oct '22
Nov '22
Dec '22
Jan '23
Feb '23
Mar '23
Sold Listings
Apr '23
May '23
Under Contract
Jun '23 For Sale
July '23
Aug '23
Sept '23
Oct '23
Trends October 2022 - October 2023 $ Volume
Billions
$2
$1
$0
Oct '22
Nov '22
Dec '22
Jan '23
Feb '23
Mar '23
Sold Listings
Apr '23 Under Contract
May '23
June '23
For Sale
Jul '23
Aug '23
Sept '23
Oct '23
2022 HOUSTON METR OP OLITAN MARKET FACTS! With gratitude and appreciation, we thank our customers for their support in 2022!
• 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 2022! • 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!