Home sales see increase year over year in February in Tomball, Magnolia

Home sales saw an increase year over year in February in 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 two of the five ZIP codes in Tomball and Magnolia, with total home sales increasing 6.3% year over year in February.

In all five Tomball and Magnolia-area ZIP codes, the median home price saw an increase year over year in February. 77362 saw the largest percentage increase of 17.66%—going from $281,990 to $331,787.

Of the homes that sold in February in Tomball and Magnolia, 64.2% 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 rose year over year in February. The ZIP code 77375 saw the largest percentage increase of 50%—with homes going from spending an average of 64 days to an average of 96 days on the market.