Monica Foster Team of eXp Realty

Pearland, TX

Single-Family Homes

Who You Choose Matters! - 4.9/5.0 1000+ Reviews - RealtyByMonica.com



Pearland, TX

Sat Nov 23 2024
This week the median list price for Pearland, TX is $424,900 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has held steady at or around 249. Click here to stay informed with the Pearland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Pearland, TX

Sat Nov 23 2024
This week the median list price for Pearland, TX is $424,900 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has held steady at or around 249. Click here to stay informed with the Pearland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Pearland market.
Median List Price $424,900
Median Price of New Listings $395,000
Per Square Foot $160
Average Days on Market 84
Median Days on Market 56
Price Decreased 55%
Price Increased 3%
Relisted 18%
Inventory 249
Median Rent
Market Action 39
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$599,000 3,746 0.25 - 0.5 acre 4 3.5 20 6 3 59
$457,450 2,964 8,000 - 10,000 sqft 4 3 16 7 3 73
$390,000 2,498 6,500 - 8,000 sqft 4 2.5 20 4 4 56
$325,000 1,881 6,500 - 8,000 sqft 3 2 34 10 7 49