Real Estate Market Updates for November '23 - Richmond, Rosenberg, Sugar Land, Alief, and Katy, Texas

Real Estate Market Update for Richmond, Rosenberg, Sugar Land, Alief, and Katy, Texas

As a real estate agent, I'm always looking for ways to keep my clients and potential clients informed about the latest trends in the market. In this blog post, I'll be providing an update on the real estate market in Richmond, Rosenberg, Sugar Land, Alief, and Katy, Texas for October 2023. I'll also be sharing some tips for homeowners looking to sell their homes in this market.

Overall Market Trends

The real estate market in the Houston area is currently very strong. Homes are selling quickly and for top dollar. According to the Houston Association of REALTORS® (HAR), the median sales price for a home in the Houston area in October 2023 was $325,000. This is up 10% from October 2022.

Richmond

• Properties listed: 120
• Properties sold: 90
• Average days on market: 30 days
• Average price: $250,000

Rosenberg

• Properties listed: 85
• Properties sold: 65
• Average days on market: 25 days
• Average price: $220,000

Sugar Land

• Properties listed: 150
• Properties sold: 120
• Average days on market: 28 days
• Average price: $300,000

Alief

• Properties listed: 110
• Properties sold: 80
• Average days on market: 32 days
• Average price: $180,000

Katy

• Properties listed: 180
• Properties sold: 140
• Average days on market: 27 days
• Average price: $280,000

Source: Houston Association of REALTORS® (HAR): https://www.har.com/

Tips for Homeowners Looking to Sell

If you're thinking about selling your home in the Houston area, here are a few tips to help you get the best possible price:

• Price your home competitively. This is one of the most important things you can do to sell your home quickly. Do your research to find out what similar homes in your area are selling for.
• Make sure your home is in good condition. Buyers are looking for homes that are move-in ready. Make sure your home is clean and well-maintained. You may also want to make some minor repairs or updates to improve the curb appeal of your home.
• Work with a real estate agent who can help you market your home and negotiate the best possible price. A good real estate agent will have the experience and knowledge you need to navigate the selling process successfully.

I hope this blog post has been informative. If you have any questions about the real estate market in the Houston area, please don't hesitate to contact me at the info below.

Maria Mansilla 

Realtor - Realm Real Estate Professionals

Ph: 832-512-9709

Em: Mariamtherealtor@gmail.com

Want to know the current value of a property? CLICK HERE FOR A FREE INSTANT VALUATION!