Home sales see decrease year over year in November in Conroe, Montgomery area

Home sales saw a 9% decrease year over year in November in the Conroe and Montgomery area, according to market data provided by local real estate firm The Spencer Team.

Two-minute impact

Home sales decreased in four of the eight ZIP codes in Conroe and Montgomery, with total home sales decreasing 9% year over year in November.

In four of the eight Conroe- and Montgomery-area ZIP codes, the median home price saw an increase year over year in November. 77306 saw the largest increase of 21.39%—going from $170,901 to $207,450.

Of the homes that sold in November in Conroe and Montgomery, 52.35% of them were priced between $250,000-$499,999.

Also of note

In six of the eight ZIP codes in the Conroe and Montgomery area, the average time homes spent on the market increased year over year in November. The ZIP code 77301 saw the largest percentage increase of 161.1%—with homes going from spending an average of 36 days to an average of 94 days on the market.