February home sales saw a decrease year over year in the Conroe and Montgomery area, according to market data provided by local real estate firm
The Spencer Team.
Two-minute impactHome sales decreased in six of the eight ZIP codes in Conroe and Montgomery, with total home sales decreasing 9.4% year over year in February.
In five of the eight Conroe and Montgomery-area ZIP codes, the median home price saw a decrease year over year in February. 77356 saw the largest percentage decrease of -20.6%—going from $$473,095 to $375,615.
Of the homes that sold in February in Conroe and Montgomery, 53.3% of them were priced between $250,000-$499,999.
Also of noteIn four of the eight ZIP codes in the Conroe and Montgomery area, the average time homes spent on the market decreased year over year in February. The ZIP code 77304 saw the largest percentage decrease of -36.69%—with homes going from spending an average of 139 days to an average of 88 days on the market.
