Pearland Real Estate Activity
Pearland Real Estate Sales: Source - Houston Association of Realtors (single family homes)
The real estate market continues to favor Sellers in Pearland with a modest 1% increase in sales from January-October, 2015 over the same period in 2014. The Houston Association of Realtors reports a 1% decrease in sales for the all Houston MLS area (includes Pearland) from the same period last year. The median price for the Houston MLS area increased 7% to $212,500 (Jan-Oct). The average number of days a home stayed on the market decreased to 50 days, which represents a 5% decrease. According to HAR, Brazoria County has 2.5 months of inventory, based on past sales.
October Statistics - Houston MLS - October, 2015 report
Year | Month | Avg. Price | Median Price | $/sf | DOM |
2014 | October | 261,875 | 192,300 | 110 | 51 |
2015 | October | 271,648 | 205,000 | 114 | 53 |
As of December 4, 2015, there were 395 "Active" listings in Pearland (Location - 71). The price range spreads from $73,000 to $1,099,000. Although homes in Pearland are also staying on the market longer than in the past several years, Pearland remains a Sellers' market, especially for homes priced under the 250k range.
Call us! We can help get your home sold!