Pearland TX Real Estate Market Trends For Feb 2022

By
Real Estate Agent with JLA Realty TREC # 0524744

Today I will dive into the Pearland TX real estate market with the results through the end of February 2022. 


As of today, February 7th, Pearland only have 91 active single family homes for sale in the city of Pearland. And only 57 single family homes for rent in the city of Pearland.

The real estate market in Pearland is still a seller’s market and with the HOT season just getting ramped up, NOW would be a great time to put your house on the market to sell and maximize your return. 


In Pearland for the month of February, we had 128 single family homes close with a median price of $346,000. In February of 2021, Pearland had 137 closed real estate transactions with a median price of $299,000. And in February 2020, Pearland had 132 closed single family homes with a median price of $274,000. So, If you had purchased a home in 2020 for $274,000, you would have made $72,000 in profits. Or an approximately 21% rate of return on your money!


Pearland Real Estate Market

 

Now let’s jump into the supply and demand of real estate in the Pearland Market. We are at a 2 year low with homes for sale in Pearland and with inventory this low, sales prices are jumping up fast. The homes that went under contract and sold are also at a 2 year low  in Pearland. I am seeing a 62% decrease in homes for sale in Pearland compared to just 2 years ago. As I said last month and above, I feel now is a great time to sell your house. No one can be sure of where the real estate market will go with the war in Ukraine. I think interest rates will start to float up a bit with all of the turmoil and unrest in the world which could  slow the market a bit.. We will have to all wait to see what happens. 

Pearland Real Estate Market

Looking at the month's supply of inventory (MSI), how long would it take to sell everything for sale if no new listing come onto the market in Pearland, you can see that Pearland only has a little over 2 weeks of inventory of single family homes left to sell which is a 2 year low. And now the (DOM) Days on Market are really starting to drop as well. An average home in Pearland is only on the market for a very short 18 days… 

Pearland Real Estate


Now is the time to list your house with me to get the maximum return on your investment. Call me to discuss "My buy before you sell program"...


Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to check out a couple of great online resources: http://www.texasrealestate.com or http://www.har.com . And for all of your Pearland, TX and Northern Brazoria and Galveston County real estate needs, please visit my site at: http://www.danfrankrealty.com . All of these sites offer tons of useful, real estate-related information geared specifically for Texans.

Remember, Danny Frank is always looking to hire new and experienced real estate agents for the team at JLA Realty.  Are you ready to move to the next level in your career?  Call me to join today or just visit my site for more information:

You can see my entire blog at: http://www.pearlandrealtyblog.com 

Call Danny Frank, at 713-581-4702 to start looking for the JUST right house or to sell your house at the best price ever and in the quickest amount of time.




Posted by

Danny Frank
A Texas Realtor
JLA Realty

The Pearland Real Estate Expert

Servicing all areas in the greater Houston area and the Central Texas area


Are you getting ready to sell or purchase your house or land in the area or any surrounding areas of SE Texas?
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 Danny Frank - Pearland Real Estate Expert

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Comments (3)

Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Danny,
Thank you for sharing the real estate information.
Buyers and sellers in your area will benefit from your expertise.
Wishing you continued success.
Bob

Mar 09, 2022 04:49 AM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Thanks for sharing what's been going on in Pearland, TX Danny. It's always interesting to see how other areas of the country are doing.

Mar 10, 2022 03:20 PM