Pearland Real Estate Activity

Posted by Kathye Warfield on Dec 4, 2015 in Pearland Real Estate

Pearland Real Estate Sales:  Source - Houston Association of Realtors (single family homes)

The real estate market continues to favor Sellers in Pearland with a modest 1% increase in sales from January-October, 2015 over the same period in 2014.  The Houston Association of Realtors reports a 1% decrease in sales for the all Houston MLS area (includes Pearland) from the same period last year.  The median price for the Houston MLS area increased 7% to $212,500 (Jan-Oct).  The average number of days a home stayed on the market decreased to 50 days, which represents a 5% decrease.  According to HAR, Brazoria County has 2.5 months of inventory, based on past sales. 

October Statistics - Houston MLS - October, 2015 report

Year Month Avg. Price Median Price $/sf DOM
2014 October 261,875 192,300 110 51
2015 October 271,648 205,000 114 53

As of December 4, 2015, there were 395 "Active" listings in Pearland (Location - 71).  The price range spreads from $73,000 to $1,099,000.  Although homes in Pearland are also staying on the market longer than in the past several years, Pearland remains a Sellers' market, especially for homes priced under the 250k range.  

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