Home sales decrease in May in Conroe, Montgomery

Home sales fell year over year in May in the Conroe and Montgomery area, according to market data provided by Tammy Sohl at JLA Realty.

What you need to know

In all eight ZIP codes in the Conroe and Montgomery area, home sales declined, with total home sales decreasing 18.9% year over year in May.

The median price of homes sold year over year in May decreased in seven of the eight ZIP codes in the Conroe and Montgomery area. 77356 saw the largest percentage decrease of 21.05%—going from $532,000 to $420,000.

Of the homes that sold in May in Conroe and Montgomery, 56.8% were priced between $250,000-$499,999.

What else?

In five of the eight ZIP codes in the Conroe and Montgomery area, the average time on the market increased year over year in May. The largest percentage increase was in 77301 at 53.6%—homes went from spending an average of 28 days on the market last May to 43 days on the market this May.