Richmond, Rosenberg, and Sugar Land – Mid-Year Housing Market Report – January to July 2025
Richmond Housing Market Overview
Closed Sales:
• Total Closed Sales: 1,692
• Median Closed Price: $390,000
• Median List Price (Sold Homes): $402,500
• Median Days on Market (DOM): 28 days
• Seller Concessions Over $1:
- 49.1% of sales included concessions
- Median Concession: $7,618
• Price Range: $102,000 – $2,650,000
Active Listings:
• Total Active Listings: 2,398
• Median List Price: $445,000
• Median DOM: 37 days
• Price Range: $159,900 – $4,800,000
Richmond’s housing market continues to reflect strong buyer activity, with nearly 1,700 closed sales in the first half of the year. However, the rise in seller concessions — observed in nearly half of all transactions — suggests that buyers are asserting more negotiating power, especially in higher price brackets. With active listings priced higher and sitting longer (median DOM of 37 days), the market may be slowly shifting in favor of buyers in certain segments.
Rosenberg Housing Market Overview
Closed Sales:
• Total Closed Sales: 507
• Median Closed Price: $352,990
• Median List Price (Sold Homes): $359,990
• Median DOM: 47 days
• Seller Concessions Over $1:
- 66.5% of sales included concessions
- Median Concession: $8,602
• Price Range: $86,000 – $805,000
Active Listings:
• Total Active Listings: 804
• Median List Price: $374,945
• Median DOM: 43.5 days
• Price Range: $103,000 – $1,060,000
Rosenberg shows a market under price pressure. With two-thirds of sellers offering concessions and a high median DOM of 47 days, affordability and competition appear to be key challenges. Sellers should monitor demand and consider price reductions or incentives to attract offers. The modest difference between active and sold list prices suggests buyers are shopping carefully and responding to value.
Sugar Land Housing Market Overview
Closed Sales:
• Total Closed Sales: 741
• Median Closed Price: $489,999
• Median List Price (Sold Homes): $499,900
• Median DOM: 18 days
• Seller Concessions Over $1:
- 31.6% of sales included concessions
- Median Concession: $5,000
• Price Range: $125,000 – $7,000,000
Active Listings:
• Total Active Listings: 1,056
• Median List Price: $519,949
• Median DOM: 33 days
• Price Range: $203,500 – $5,650,000
Sugar Land remains one of the most robust markets in the region. Homes are closing in under 3 weeks on average, and less than one-third of sales involve concessions. While list prices continue to trend higher, buyer activity remains strong — likely bolstered by demand for larger or luxury properties. That said, sellers in the upper ranges should watch DOM closely to avoid overpricing.
Legal Disclaimer
This report is based on statistical analysis of MLS data from January through July 2025 and is intended for general informational purposes. All information is deemed reliable but is not guaranteed. This report is not intended as legal, financial, or real estate advice. Parties should consult a qualified real estate appraiser or licensed real estate professional before making any decisions based on the information presented. Use of this report is at the reader's own discretion. Data is subject to change based on market fluctuations and MLS revisions.
