Pearland TX - Real Estate Market conditions through Dec 2008
By Danny Frank, The Pearland Real Estate Expert
(JLA Realty)
The Pearland TX real estate market is doing OK. In looking at the real estate market in Pearland, one can see we are following the same trend as the last 2 years. The median price is up $4250.00 from this time 2 years ago... Look at that number again, our median home price is up $4250.00 from Dec of 06. Pearland's real estate market is doing fine. December tends to start slow and then before the 1st of the year, it will start the upswing in both pricing and the total number of housing units sold. In looking at the next chart on the Pearland Real Estate Market, you can see the DOM or Days on Market are all over the chart. It took an average 95 to sell a house in Pearland in December. In December, Pearland had 5.5 months of inventory. Which is low for this time of the year. I thin...
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