Q1 JAN
2 0 2 4
MARKET U P D AT E SARA NGUYEN
REALTOR® 832.439.7600 sara@saralynhomes.com GaryGreene.com
Fort Bend County MARKET STATS JANUARY 2023
PRICE RANGE
ACTIVE LISTINGS* PENDING UNDER CONTRACT
CLOSED SALES
MONTHS SUPPLY OF INVENTORY
Below $200
23
8
13
2.1
$200K-300K
208
91
123
1.5
$300K-400K
701
295
203
2.4
$400K - 500K
282
102
82
2.4
$500K - 600K
357
122
87
2.8
$600K - 700K
253
90
48
2.7
$700K - 800K
141
42
33
2.7
$800K - 900K
88
23
16
2.3
$900K - 1M
31
16
6
2.9
$1M - 1.5M
88
15
18
4
$1.5M - 2M
25
3
1
4.5
$2M+
30
1
0
21.6
*AS OF JANUIARY 31
Secondary Indicators January 2024 vs. January 2023
52 $386,950 $375,000
$445,164 $422,632
Median List Price
Avg List Price
$380,000
$430,413
$364,998
$407,692
Median Sold Price
Avg Sold Price Jan-24
Jan-23
97.02%
96.81%
SP/OP%
45
Avg Sold DOM
$166.01 $161.59
Sold $ Per SF
Trends January 2023 - January 2024 # Units 4000
3000
2000
1000
0
Jan '23
Feb '23
Mar '23
Apr '23
May '23
Jun '23
Sold Listings
July '23
Aug '23
Under Contract
Sept '23 For Sale
Oct '23
Nov '23
Dec '23
24-Jan
Trends January 2023 - January 2024 $ Volume
Billions
$2
$1
$0
Jan '23
Feb '23
Mar '23
Apr '23
May '23
June '23
Sold Listings
Jul '23 Under Contract
Aug '23
Sept '23
For Sale
Oct '23
Nov '23
Dec '23
Jan '24
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