Monica Foster Team of eXp Realty

Pearland, TX

Single-Family Homes

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Pearland, TX

Sat Nov 27 2021
This week the median list price for Pearland, TX is $379,450 with the market action index hovering around 74. This is less than last month's market action index of 77. Inventory has increased to 132. 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.

Strong Seller's Market

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 27 2021
This week the median list price for Pearland, TX is $379,450 with the market action index hovering around 74. This is less than last month's market action index of 77. Inventory has increased to 132. 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.

Strong Seller's Market

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 $379,450
Median Price of New Listings $367,500
Per Square Foot $143
Average Days on Market 38
Median Days on Market 21
Price Decreased 34%
Price Increased 4%
Relisted 6%
Inventory 132
Median Rent $2,075
Market Action 74
Strong Seller's Market

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
$499,990 3,745 0.25 - 0.5 acre 4 3.5 19 6 4 28
$404,990 2,744 6,500 - 8,000 sqft 4 3 9 10 5 14
$361,648 2,641 6,500 - 8,000 sqft 4 2.5 18 12 16 28
$293,000 2,029 6,500 - 8,000 sqft 3 2 24 10 14 14