August home sales saw an increase year over year in the Conroe and Montgomery area, according to market data provided by local real estate firm The Sawyer Realty Group.
What you need to know
Home sales increased in five of the eight ZIP codes in the Conroe and Montgomery area, with total home sales increasing 3.3% year over year in August.The median price of homes sold increased year over year in August in five of the eight ZIP codes in the Conroe and Montgomery area. 77316 saw the largest percentage increase of 28.74%—going from $347,500 to $447,386.Of the homes that sold in August in Conroe and Montgomery, 43.2% of them were priced between $250,000-$499,999.What else?
The average time homes spent on the market in the Conroe and Montgomery area also rose year over year in August in four of the eight area ZIP codes. The largest percentage increase was in 77356 at 88.06%—homes went from spending an average of 67 days on the market last August to 126 days on the market this August.