Weekly Housing Market Report – Richmond, Rosenberg, and Sugar Land, Texas – Week 16: April 14 – April 20, 2025
Richmond Housing Market Overview
Market Appreciation or Depreciation
Richmond’s median closed price rose to $425,652, continuing the upward momentum from last week’s $395,000.
Number of Active Listings
There were 42 properties listed as Active or Pending, a notable drop from 187 the week prior.
Median Days on Market (DOM)
DOM improved slightly to 26.5 days, down from 31.0 in Week 15.
List Price Trends
List prices increased again to $449,499, up from $418,000.
Seller Concessions Over $1
Percentage of Sales with Concessions: 44.8%
Minimum Concession: $0
Maximum Concession: $15,000
Median Concession: $0
Rosenberg Housing Market Overview
Market Appreciation or Depreciation
The median closed price climbed to $374,990, rising from last week’s $356,645.
Number of Active Listings
Rosenberg recorded 5 Active or Pending listings, a sharp decline from 43 the week prior.
Median Days on Market (DOM)
DOM increased slightly to 29.0 days, up from 25.0 last week.
List Price Trends
List prices dipped slightly to $355,000, from $359,995 in Week 15.
Seller Concessions Over $1
Percentage of Sales with Concessions: 60.0%
Minimum Concession: $0
Maximum Concession: $20,000
Median Concession: $6,750
Sugar Land Housing Market Overview
Market Appreciation or Depreciation
The median closed price declined slightly to $508,000, compared to $511,495 last week.
Number of Active Listings
Listings fell to 11 Active or Pending, down from 78 the previous week.
Median Days on Market (DOM)
DOM decreased to 16.5 days, making Sugar Land the fastest-selling market for the second week in a row.
List Price Trends
List prices surged to $669,500, a strong increase from $524,889.
Seller Concessions Over $1
Percentage of Sales with Concessions: 40.9%
Minimum Concession: $0
Maximum Concession: $14,955
Median Concession: $0
Legal Disclaimer
The information provided in this blog post is for informational purposes only and should not be considered financial, legal, or real estate advice. Readers are encouraged to conduct their own research and consult with a licensed real estate professional before making any property-related decisions.
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