Home sales increased 22.1% year over year in September across the Tomball and Magnolia area, according to market data provided by local real estate firm The Renee Leslie Group.
Two-minute impact
Home sales increased in three of the five ZIP codes in Tomball and Magnolia, with total home sales increasing 22.1% year over year in September. The ZIP code 77354 saw the largest increase of 93.3% year over year—rising from 75 home sales last September to 145 home sales this September.Meanwhile, the median home price decreased in four of the five Tomball and Magnolia-area ZIP codes year over year in September. The ZIP code 77354 saw the largest decrease of 15.5%—going from $362,000 to $305,990.Of the homes that sold in September in Tomball and Magnolia, 73.2% of them were priced between $250,000-$499,999.Also of note
In three of the five ZIP codes in the Tomball and Magnolia area, the average time homes spent on the market increased year over year in September. The ZIP code 77377 saw the largest increase, with homes going from spending an average of 52 days to an average of 87 days on the market.