2024 Real Estate Market Update: Trends in Pearland Friendswood Alvin
By Danny Frank, The Pearland Real Estate Expert
(JLA Realty)
Current Real Estate Market Trends in Pearland, Friendswood, and Alvin, TXAs we move deeper into 2024, the real estate landscape in Pearland, Friendswood, and Alvin, Texas, reflects dynamic changes influenced by seasonal factors and broader market conditions. Whether buying, selling, or simply observing the market, understanding these trends can offer valuable insight into what to expect and how to make informed decisions.Market OverviewThe past two years have seen a steady increase in the inventory of homes available for sale, a shift that began in late 2022. This increase in inventory, also known as the "Months Supply of Inventory" (MSI), has grown modestly over time, reaching 2.8 months as of October 2024. While this may seem minimal, it indicates a subtle but significant shift toward...
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