MARKET UPDATE SARA NGUYEN REALTOR® 832.439.7600 sara@saralynhomes.com GaryGreene.com Q1 2 0 2 3 JAN
MARKET STATS
PRICE RANGE ACTIVE LISTINGS* PENDING UNDER CONTRACT CLOSED SALES MONTHS SUPPLY OF INVENTORY
F ort B end C ounty
Below $200 $200K-300K $300K-400K $400K
$500K
$600K
$700K
$800K
$900K - 1M $1M - 1.5M $1.5M - 2M $2M+ 19 314 586 347 247 184 92 55 36 52 17 20 26 311 533 265 154 88 60 30 9 14 2 6 19 147 220 102 57 35 21 8 3 2 1 2 0.9 1.7 1.7 1.6 1.8 2.4 2.1 2.3 3.2 3.2 4.4 8.6
JANUARY 2023
- 500K
- 600K
- 700K
- 800K
- 900K
*AS OF FEBRUARY 7
Secondary Indicators Jan 2023 vs. Dec 2022 Toni Nelson License #303132 Corporate toninelson@garygreene.com 7138261187 Dec 2022 Jan 2023 Change % Change Median List Price $415K $422K $7K 1.6% Avg List Price $508K $525K $17K 3.3% Median Sold Price $382K $365K $-17K -4.4% Avg Sold Price $445K $407K $-39K -8.7% SP/OP% 92.5% 92.1% -0.41 -0.4% Avg Sold DOM 51 53 2 3.9% Sold $ per SqFt $170 $161 $-9 -5.3% $415K $422K Median List Price $508K $525K Avg List Price $382K $365K Median Sold Price $445K $407K Avg Sold Price 92.51% 92.1% SP/OP% 51 53 Avg Sold DOM $170 $161 Sold $ per SqFt
Trends Jan 2023 vs. Dec 2022 # Units Toni Nelson License #303132 Corporate toninelson@garygreene.com 7138261187 2,000 4,000 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Sold Listings 869 970 1275 1126 1246 1288 1074 1159 1006 880 746 1010 624 Under Contract 1045 1093 1171 1170 1259 1092 1078 1025 844 832 755 824 926 New Listings 1024 1130 1390 1618 1860 2042 1992 1462 1337 1259 1045 944 1096 For Sale 2363 2298 2470 2748 3249 3792 4375 4244 3993 3952 3717 3448 3276 Off Market 152 125 171 189 239 316 514 561 455 448 458 443 383
Trends Jan 2023 vs. Dec 2022 $ Volume Toni Nelson License #303132 Corporate toninelson@garygreene.com 7138261187 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Sold Listings $346M $420M $560M $515M $595M $627M $496M $531M $459M $374M $317M $450M $254M Under Contract $452M $472M $528M $562M $595M $517M $492M $474M $376M $363M $340M $352M $403M New Listings $458M $509M $708M $791M $919M $1.1B $961M $683M $613M $582M $493M $409M $526M For Sale $1.2B $1.1B $1.3B $1.5B $1.7B $2.1B $2.2B $2.1B $2B $2B $1.9B $1.7B $1.6B Off Market $83.3M $63.4M $124M $107M $140M $260M $288M $280M $247M $226M $248M $227M $197M $1B $2B Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23
2021 HOUSTON METROPOLITAN MARKET FACTS!
With gratitude and appreciation, we thank our customers for their support in 2021!
• More sellers chose a BHGRE Gary Greene agent to SELL their home than any other company. 9% more than company #2!
Over 4,500 sellers SOLD their home through the advice and counsel of a BHGRE Gary Greene agent.
Over 4,500 buyers selected a BHGRE Gary Greene agent for assistance in finding and buying a home.
BHGRE Gary Greene agents worked together to close over 9,000 homes in 2021!
BHGRE Gary Greene agents closed over $1.75 BILLION listings!
• BHGRE Gary Greene agents closed over $1.77 BILLION properties.
• BHGRE Gary Greene closed over $3.5 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!
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