Missouri City, TX 77459 Market Report for February

By
Real Estate Agent

Market report:

This market report is a focus on homes for sale in Missouri City TX 77459. It analyzes the current real estate market situation in Missouri City TX and gives an overview of the current local real estate trends.  

The median list price in the real estate market for Missouri City TX is currently $286,868. The price has relatively stayed the same since January. Which means the prices of homes are staying steady currently in Missouri City TX. So if you're looking for a home, now might be the time to buy. With 224 properties on the real estate market, you shouldn't have a problem finding a home for sale in Missouri City TX. Considering Missouri City TX is a large city, 224 properties in the 77459 area is a lot. Give me a call and I can help you find the perfect home for you. 

Missouri City TX is a great area and a very family-oriented community in TX. Missouri City TX has something always going on in their Recreation and Tennis Center according to their city website. What makes Missouri City TX so great? It's family oriented, close to the city and always has something going on. 

In the last month, 60 properties were sold in Missouri City TX. There are currently 24 properties that are option pending. As of this week, 21% of properties have had a price reduction. Which is another reason on why it could be a great time to buy. As of right now, it is both a Seller's and Buyer's Market Advantage. If you're thinking about buying or selling a home in the Missouri City TX area, it might be your time to shine.

There are the same number of properties in each price quarter, between 92-93. This really does show that the amount of properties in the market are decreasing dramatically. The homes that are in the First/Top Quarter have the most days on the market, which is not abnormal. The homes that are in the Upper/Second Quarter have the least days on the market. Their average price is $369,462.  

Right now, our average for properties to stay on the market is 121 days. And compared to last week, this has gone down. Also, the age of the listing homes has been averaged to 14 years. Which means you are looking at fairly new homes in the market right now. This doesn't mean that most homes are 14 years old, it means relatively the homes on the market are close to 14 years old. 

The highest listing price listed is $1,590,000. Which is very different compared to the homes for sale in Sugar Land TX! And the least expensive home is $42,400.  

Here is your weekly Missouri City Real Estate Market Report provided by Joy Roussell! 
If you are interested in any homes for sale in the Missouri City TX area, give me a call or email me. 

Posted by

“As a dedicated Real Estate professional, I pledge to you my time, my resources, and a guarantee to make your buying or selling experience a wonderful one”.

Realtor in the Greater Sugar Land, Missouri City, Katy, Richmond, Rosenberg, Fulshear, and Needville, TX area.

 

Joy Roussell, 713-898-3868

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