The Sugar Land real estate market will always be tied to Houston due to its proximity and the fact that Sugar Land is primarily a commuter town for the Houston business market. As such, we try to keep tabs on the Great Houston real estate market. I recent article from the Houston Association of Realtors Multiple Listing Service (MLS) presented some great statistics on the residential market. For example, February had a 15.5 percent increase in sales over the same month in 2012, and was th e21st consecutive month where home sales have increased, and the median and average prices set a record for highest level for a February in Houston. On the flip side, inventory is at a low of 3.6 months, something not seen since 1999.
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SugarLandLiving.com is operated by Stephanie Nelson, an accredited Realtor for Prime Properties, serving the Sugar Land Residential real estate market with home buying and selling expertise. To contact Stephanie regarding such matters, please call (832) 752-3509 or email [email protected].