Weekly Housing Market Report – Richmond, Rosenberg, and Sugar Land, Texas – Week 19: May 5 – May 11, 2025
Richmond Housing Market Overview
Market Appreciation or Depreciation
Richmond’s median closed price climbed to $381,500, up from $369,618 in Week 18.
Number of Active Listings
There were 63 properties listed as Active or Pending, an increase from 46 the prior week.
Median Days on Market (DOM)
DOM rose to 31.0 days, compared to 23.0 in Week 18.
List Price Trends
List prices declined slightly to $439,900, down from $467,500.
Seller Concessions Over $1
Percentage of Sales with Concessions: 34.0%
Minimum Concession: $0
Maximum Concession: $23,289
Median Concession: $0
Rosenberg Housing Market Overview
Market Appreciation or Depreciation
The median closed price fell to $364,400, compared to $389,980 last week.
Number of Active Listings
Rosenberg had 19 Active or Pending listings, a slight drop from 21 the prior week.
Median Days on Market (DOM)
DOM rose sharply to 74.0 days, up from 45.0.
List Price Trends
List prices held steady at $369,900, nearly unchanged from Week 18.
Seller Concessions Over $1
Percentage of Sales with Concessions: 46.7%
Minimum Concession: $0
Maximum Concession: $15,000
Median Concession: $0
Sugar Land Housing Market Overview
Market Appreciation or Depreciation
The median closed price adjusted to $500,000, down from last week’s $548,500.
Number of Active Listings
Listings remained stable at 32 Active or Pending, unchanged from Week 18.
Median Days on Market (DOM)
DOM increased slightly to 16.0 days, compared to 12.0 in the prior week.
List Price Trends
List prices dropped significantly to $422,500, down from $499,850.
Seller Concessions Over $1
Percentage of Sales with Concessions: 37.0%
Minimum Concession: $0
Maximum Concession: $10,000
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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