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Pearland Real Estate Pulse: Thriving Market Insights & Opportunities

By
Real Estate Agent with JLA Realty TREC # 0524744

Pearland Real Estate Market Update: A Comprehensive Analysis by Your Pearland Real Estate Expert

Welcome to our latest update on the Pearland real estate market, where we provide you with the most current and detailed insights into Pearland homes for sale. Whether you're a buyer, seller, or just a real estate enthusiast, our analysis aims to serve as your go-to guide for all things related to Pearland real estate.

Current State of Pearland Real Estate

The Pearland real estate market is dynamic, reflecting trends that are vital for potential homebuyers and sellers to understand. As of February 2024, we've observed fascinating movements in the market, highlighting a competitive environment for Pearland homes for sale.

Inventory Levels

The inventory level, measured by the Months Supply of Inventory (MSI), stands at 1.5 months as of February 2024. This figure indicates a seller's market, as a balanced market typically exhibits a 6-month supply. With 146 properties available for sale and 100 properties under contract, it's clear that homes in Pearland are in demand, emphasizing the need for buyers to act swiftly.

Day on Market Homes for Sale

Supply and Demand Dynamics

The Pearland real estate market showcases a robust interaction between supply and demand. With 280 properties listed for sale and an average Days on Market (DOM) of 46, it's evident that while there's a good selection of homes, they are moving quickly. For properties under contract, the average DOM is even shorter at 33, underscoring the brisk pace at which Pearland homes are being snapped up.

Supply and Demand Pearland Real Estate

Median Sale Price

An essential aspect for both buyers and sellers is the median sale price, which provides a benchmark for the market's value trends. In February 2024, the median sale price for homes in Pearland was $368,500. This data is crucial for
understanding the market's direction and making informed decisions, whether you're pricing your home to sell or determining your budget for a purchase.

Pearland Homes Median Price

Conclusion: Your Pearland Real Estate Expert's Insights

The Pearland real estate market is vibrant and competitive, with quick-moving inventory and a strong demand for homes. For sellers, it's an opportune time to list your property, given the favorable market conditions. Buyers, on the other hand, should be prepared to act decisively when they find a suitable Pearland home for sale.

As your Pearland Real Estate Expert, I am here to guide you through every step of the buying or selling process, providing you with the expertise and insights you need to navigate this dynamic market. For more information or to explore Pearland homes for sale, don't hesitate to reach out or visit our website.

Stay informed and ahead of the curve in the Pearland real estate market with our expert advice and comprehensive analysis. Whether you're buying, selling, or simply exploring, we're here to help you make the most of your real estate endeavors in Pearland.

Ready to Take the Next Step in Your Real Estate Journey?

Navigating the Pearland real estate market can be complex, but you don't have to do it alone. Whether you're considering selling your home or searching for the perfect property in Pearland, expert guidance can make all the difference. That's where I come in – your dedicated Pearland Real Estate Expert, committed to helping you achieve your real estate goals with confidence and ease.

Don't miss out on the opportunity to make informed decisions in this dynamic market. Contact me today to schedule an appointment where we can discuss your specific real estate needs, strategize your next move, and embark on a successful journey together in the Pearland real estate landscape.

Danny Frank - The Pearland Real Estate Expert 

📞 713-569-8102

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Let's turn your real estate aspirations into reality. Reach out now and take the first step towards a successful real estate experience in Pearland TX!

 

 

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? 

Helping Texans make the best real estate decisions since 2004.

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Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Thank you for taking the time to share this information.  Buyers and sellers alike need information like this to make informed market decisions.

Mar 12, 2024 03:08 PM