Hey Sugar Land Joseph Petrie, your trusted REALTOR® from Joseph and CompanyReal Estate Advisors, is here to give you an update on our local market trends. Let's dive in!
It's August 20
23, and here are the latest stats for you, whether you're a buyer or seller in our amazing city of Sugar Land, TX 77478:
1️⃣ Inventory Update:
Currently, we have
a tight market with only 2.47 months' supply of inventory. That means you need to act fast if you're looking for your dream home or thinking of selling yours!
2️⃣ Market Growth:
Over the past 12 months, we've
seen a significant increase in the monthly supply
of Inventory by +26.67%. This indicates a growing demand for properties in our area.
3️⃣ Pricing Insights:
The good news for sellers is that the List to Sold Price percentage is at 96%. You can trust that your property's value will be maximized in today's market.
4️⃣ Speedy Sales:
If you're selling, you'll be pleased to know that the median days on the market is just 15 days. That's right, our homes are moving quickly, making it an ideal time to sell!
5️⃣ Median Sold Price:
The median sold price stands at $415,000, reflecting the value and opportunities available in our vibrant community.
Whether you're a buyer or seller, these market trends provide valuable insights into our local real estate landscape. If you're looking to make a move, rely on me, Joseph Petrie, and my team at Joseph and Company, to guide you every step of the way. Let's make your real estate dreams a reality!
#SugarLandTX #RealEstateUpdate #MarketTrends #BuyersAndSellers #JosephPetrieRealtor #JosephAndCompanyReal Estate Advisors
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