Weekly Housing Market Report – Richmond, Rosenberg, and Sugar Land, Texas – Week 18: April 28 – May 4, 2025
Richmond Housing Market Overview
Market Appreciation or Depreciation
Richmond’s median closed price declined to $369,618, down from $390,000 in Week 17.
Number of Active Listings
There were 46 properties listed as Active or Pending, down from 79 the week prior.
Median Days on Market (DOM)
DOM improved slightly to 23.0 days, compared to 24.0 last week.
List Price Trends
List prices rose to $467,500, up from $465,000 in Week 17.
Seller Concessions Over $1
Percentage of Sales with Concessions: 51.2%
Minimum Concession: $0
Maximum Concession: $25,000
Median Concession: $1,100
Rosenberg Housing Market Overview
Market Appreciation or Depreciation
The median closed price increased to $389,980, up from $360,995 the previous week.
Number of Active Listings
Rosenberg recorded 21 Active or Pending listings, up from 11 last week.
Median Days on Market (DOM)
DOM decreased to 45.0 days, down from 69.0 in Week 17.
List Price Trends
List prices dipped to $369,990, from $387,990 the week prior.
Seller Concessions Over $1
Percentage of Sales with Concessions: 83.3%
Minimum Concession: $0
Maximum Concession: $28,980
Median Concession: $7,767
Sugar Land Housing Market Overview
Market Appreciation or Depreciation
The median closed price surged to $548,500, up from $480,000 last week.
Number of Active Listings
Listings increased to 32 Active or Pending, up from 15 in Week 17.
Median Days on Market (DOM)
DOM dropped to just 12.0 days, the fastest-selling pace year-to-date.
List Price Trends
List prices declined to $499,850, down from $470,000 in Week 17.
Seller Concessions Over $1
Percentage of Sales with Concessions: 31.8%
Minimum Concession: $0
Maximum Concession: $20,000
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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