Weekly Housing Market Report – Richmond, Rosenberg, and Sugar Land, Texas – Week 20: May 12 – May 18, 2025
Richmond Housing Market Overview
Market Appreciation or Depreciation
Richmond’s median closed price surged to $430,000, up from $381,500 in Week 19.
Number of Active Listings
There were 56 properties listed as Active or Pending, down slightly from 63 the previous week.
Median Days on Market (DOM)
DOM improved to 20.0 days, down from 31.0 days.
List Price Trends
List prices increased to $454,450, compared to $439,900 in Week 19.
Seller Concessions Over $1
Percentage of Sales with Concessions: 47.1%
Minimum Concession: $0
Maximum Concession: $32,400
Median Concession: $0
Rosenberg Housing Market Overview
Market Appreciation or Depreciation
The median closed price dropped to $329,995, down from $364,400 last week.
Number of Active Listings
Rosenberg recorded 18 Active or Pending listings, just below the 19 from Week 19.
Median Days on Market (DOM)
DOM decreased to 56.5 days, from 74.0 in the previous week.
List Price Trends
List prices settled at $332,995, down slightly from $369,900.
Seller Concessions Over $1
Percentage of Sales with Concessions: 41.7%
Minimum Concession: $0
Maximum Concession: $10,000
Median Concession: $0
Sugar Land Housing Market Overview
Market Appreciation or Depreciation
The median closed price declined to $449,000, down from $500,000 in Week 19.
Number of Active Listings
Listings rose to 42 Active or Pending, compared to 32 last week.
Median Days on Market (DOM)
DOM dropped sharply to 9.0 days, reflecting rapid sales activity.
List Price Trends
List prices spiked to $581,900, up from $422,500 in Week 19.
Seller Concessions Over $1
Percentage of Sales with Concessions: 22.6%
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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