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July 17, 2007

Sugar Land, TX Market Update for June 2007

Here are the latest real estate market statistics for Sugar Land, TX area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 33.6%*

Average May 2007 June 2007 % Change
Asking Price $262,813 $282,647 7.5%
Sales Price $257,966 $275,145 6.7%
% of Asking Price 98% 97% -1.0%
$/SQFT $96 $98 2.1%
Days on Market 48 43 -10.4%
Total Transactions 234 274 17.1%

Search for homes in Sugar Land, TX and read a neighborhood overview of the Sugar Land, TX area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 759 properties on the market with 255 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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