Housing prices in Missouri City are shifted toward a buyers market with Builders discounting their inventory homes with attractive incentives. If you are searching for a home in The Missouri City area call our office at 281 340 4185. We are a team of real estate specialists each member owning a part of the Real Estate Transaction. Short Sale Specialists, Investment Property Specialists, Buyer Specialists and listing specialists provide a unique focus for each of our clients. At the conclusion of November the year to year comparison saw steady growth of average and median prices. The volume of homes sold was down 8 percent compared to 2007. In the entire Houston Market.
Inventory of homes was up 16 percent compared to 2007. The pace of new listings is continuing to slow with the market and the 17th consecutive month of this trend. This is a positive sign the the shifting market has not caused the Houston market to become saturated.
The 2007 Chairman of the Houston Association of Realtors, Rob Cook, was encouraged by the ongoing increase in average and median home prices demonstrating the staying power of the Houston real estate market. He explained that during this period of sub prime lending difficulties Houston still maintains a sound investment.
These statistics were compiled from the Houston Association of REALTORS® data. This data is reflective of homes which were listed on the MLS; private sales are not included. Information was obtained from sources deemed reliable but not guaranteed. This information should not be used to determine the value of any property. Photos are for illustration purposes only and do not necessarily represent current or past listings.
ZIP Codes: 77459, 77489 Location Characteristics: Missouri City, so named by legend because the developers attracted settlers from Missouri by advertising in newspapers there. Located just a short drive from downtown Houston on the new Fort Bend Toll Road, Missouri city is home to some of the desirable master-planned communities in Houston: Riverstone and Sienna Plantation. Residents benefit from the open spaces and tremendous growth with master planned concepts. Missouri City had a median family income of approximately $80,000 in 2000 The city has a large middle class and very few residents who live near the poverty line. Approximately 91% of housing in Missouri City is owner-occupied. The city contains many homes that have been built in recent years. Property taxes are higher compared to other areas, but this is said to indicate the community's investment in its schools and infrastructure.
About Go Hurley Group:
The Go Hurley Group is a Team of real estate specialists; buyers agents, sellers agents, marketing staff, transaction coordinators and executive leadership provide more than any agent alone can provide. Each of the team members is an intricate part of the successful real estate transaction. Personalized buyer specialists, closing staff, listing agents, listing marketing specialists and the leadership of one of Houston's most innovative Realtors. Clients of the Go Hurley Group enjoy the benefit of working within the structure of a team environment meaning more attention to each detail. Call us today 281 340 4185
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
