Q3 OCT
2 0 2 3
MARKET U P D AT E SARA NGUYEN
REALTOR® 832.439.7600 sara@saralynhomes.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
Who You Work With Matters 16
Average number of days my listings were on the market in 2022.
101
Average percent my Sellers received OVER list price.
99
Average price my buyers paid UNDER the sellers initial list price. Marketing, experience, and negotiation strategies matter. Call me if I can share information on our market with you. I would love to be "Your Realtor for Life"!
Sara Nguyen I 832-439-7600 Sara@SaraLynHomes.com I SaraLynHomes.com