Market Report | Fort Bend | May 2024 | Arlene Novak

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ARLENE NOVAK REALTOR® 281.684.0207 anovak@garygreene.com GaryGreene.com MARKET UPDATE Q2 2 0 2 4 APR

F ort B end C ounty

MARKET STATS

APRIL 2024

PRICE RANGE ACTIVE LISTINGS* PENDING UNDER CONTRACT CLOSED SALES MONTHS SUPPLY OF INVENTORY

Below $200

$200K-300K

$300K-400K

$400K - 500K

$500K - 600K

$600K - 700K

$700K - 800K

$800K - 900K

$900K - 1M

$1M - 1.5M

$1.5M - 2M

$2M+

18 212 807 345 435 282 189 99 53 106 41 35 9 157 338 144 166 114 75 57 27 41 6 3 9 133 257 102 149 105 46 36 15 34 10 1 1.3 1.7 2.7 2.8 3.5 2.9 3.4 3.3 3.5 4.3 7.8 28.3
*AS OF APRIL 30

Secondary Indicators

April 2024 vs. April 2023

$429,990 $495,746 $418,000 $484,672 97.77% 38 $175.98 $399,999 $454,363 $395,000 $443,583 97.98% 47 $165.92 Median List Price Avg List Price Median Sold Price Avg Sold Price SP/OP% Avg Sold DOM Sold $ Per SF
Apr-24 Apr-23

April 2023 - April 2024 # Units Sold Listings Under Contract For Sale

0 1000 2000 3000 Apr '23 May '23 Jun '23 July '23 Aug '23 Sept '23 Oct '23 Nov '23 Dec '23 24-Jan 24-Feb 24-Mar 24-Apr
Trends

April 2023 - April 2024

$0 $1 $2 Apr '23 May '23 June '23 Jul '23 Aug '23 Sept '23 Oct '23 Nov '23 Dec '23 Jan '24 Feb '24 24-Mar 24-Apr Billions Trends
$ Volume Sold Listings Under Contract For Sale

2023 HOUSTON METROPOLITAN MARKET FACTS!

With gratitude and appreciation, we thank our customers for their support in 2023!

• 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 2023!

• 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!

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