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Home sales saw a decrease year over year in July in the Tomball and Magnolia area, according to market data provided by local real estate firm The Renee Leslie Group.
What you need to know
In four of the five ZIP codes in Tomball and Magnolia, home sales decreased.
Year over year in July, the median price of homes sold increased in three of the five ZIP codes in the Tomball and Magnolia area. 77375 saw the largest percentage increase of 17.83%, going from $342,450 to $403,500.
Of the homes that sold in July in the Tomball and Magnolia area, 236 of them were priced between $250,000 and $499,999.
Also of note
Year over year in July, the average time homes spent on the market in Tomball and Magnolia decreased in three of the five area ZIP codes. The largest percentage change was in 77355 at -16.42%—homes went from spending an average of 67 days on the market last July to 56 days on the market this July.
