All things real estate zip code 77479 in Sugar Land
Joseph Petrie, REALTOR® at Joseph and Company Real Estate Advisors here, bringing you the latest scoop on the Sugar Land, TX housing market!
It's August 2023, and boy, do we have some exciting news for you!
Attention Buyers and Sellers! Did you know that there's currently only a 1.68 Months Supply of Inventory in Sugar Land? That means homes are moving like hotcakes!
📉 But wait, there's more! Over the last 12 months, the Months Supply of Inventory has decreased by a whopping -3.45% This indicates that the market is becoming even more favorable for sellers, as demand continues to exceed supply.
Sellers, you'll be thrilled to hear that the List to Sold Price percentage is a fantastic 98.2%! This means that homes are selling for almost their full asking price.
And for both buyers and sellers, the median days on the market is a mere 12 days! That's right, properties are going under contract fast, so you'll want to act swiftly to secure your dream home or get top dollar for your property.
Lastly, the median sold price in Sugar Land is currently at an impressive $494,500. This reflects the strong demand and value of the homes in our beautiful city.
If you're thinking about buying or selling in Sugar Land, TX, now is the time! Don't miss out on this incredible market with low inventory, high-selling prices, and quick sales. Contact Joseph Petrie, REALTOR® at Joseph and Company today to make your move!
#SugarLandRealEstate #MarketUpdate #SellersMarket #BuyersMarket #JosephAndCompany Real Estate Advisors
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