Thursday, April 3, 2008

What is really happening in Montgomery County real estate?


Montgomery County MLS Residential Housing Activity
The above chart is from the Real Estate Center at Texas A & M University in College Station. It shows the total number of home sales (from MLS) in Montgomery County, TX since January 2006. As you can see, sales so far in 2008 are right on track. For example, in February 2006, there were 500 homes sold; in February 2006, there were 592; and in February 2008, there were 500. The average price of those 500 in 2008 was $225,200 with a median price of $170,900. At month's end, there was a 5.6 months' inventory of homes.
There has never been a better time to buyer or sell in Montgomery County. Call your Montgomery County experts, Carol and Erol Knott, today and put them to "Work for You!"
713-253-7812 or 281-362-2504

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