Roger Martin Properties' Market Report

Pearland, TX 77584

Single-Family Homes

www.rogermartinproperties.com | 713-661-2300 | roger@rogermartin.com



Pearland, TX 77584

Thu Mar 28 2024
This week the median list price for Pearland, TX 77584 is $413,500 with the market action index hovering around 52. This is an increase over last month's market action index of 48. Inventory has decreased to 96. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Pearland, TX 77584

Thu Mar 28 2024
This week the median list price for Pearland, TX 77584 is $413,500 with the market action index hovering around 52. This is an increase over last month's market action index of 48. Inventory has decreased to 96. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Pearland market.
Median List Price $413,500
Median Price of New Listings $375,000
Per Square Foot $167
Average Days on Market 75
Median Days on Market 42
Price Decreased 38%
Price Increased 7%
Relisted 17%
Inventory 96
Median Rent
Market Action 52
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$574,995 3,634 8,000 - 10,000 sqft 4 3.5 18 3 6 63
$449,995 2,696 8,000 - 10,000 sqft 4 3 19 4 4 42
$375,000 2,481 6,500 - 8,000 sqft 4 2.3 17 3 6 42
$312,450 1,642 6,500 - 8,000 sqft 3 2 32 7 10 31