Housing prices in Pearland are slightly shifted toward a buyers market with many new options available each month. If you are searching for a home in Pearland 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 October the year to year comparison saw steady growth of average and median prices. The volume of homes sold was down 6 percent compared to 2007. 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: 77581, 77584, 77588 Location Characteristics: Pearland is the fastest growing city in Brazoria County. Located south of Houston with the most direct rout to the renowned Houston Medical Center. Pearland positioned on a growth curve that extends well into the 21st century. The History of Pearland goes far beyond the initial founding. Native inhabitants hosted their first visitors from Europe in 1528. The tenacity of the early settlers formed the basis of a thriving community continuing to grow from approximately 19,000 to 41,000 residents since 1990 (based on 2000 U.S. Census figures! In 2007, Forbes Magazine ranked Pearland as the 34th fastest growing suburb in the nation and the 10th fastest growing in the state of Texas. Once a sleepy town south of Houston now a thriving suburban community.
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.
