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

May home sales saw a 10.5% decrease year over year in the Conroe and Montgomery area, according to market data provided by local real estate firm The Sawyer Realty Group.

Two-minute impact

Home sales decreased in five of the eight ZIP codes in Conroe and Montgomery, with total home sales decreasing 10.5% year over year in May.

In six of the eight Conroe and Montgomery-area ZIP codes, the median home price saw an increase year over year in May. 77356 saw the largest percentage increase of 16.47%—going from $425,000 to $495,000.

Of the homes that sold in May in Conroe and Montgomery, 57.3% of them were priced between $250,000-$499,999.

Also of note

In five of the eight ZIP codes in the Conroe and Montgomery area, the average time homes spent on the market decreased year over year in May. The ZIP code 77302 saw the largest percentage decrease of 24.3%—with homes going from spending an average of 107 days to an average of 81 days on the market.