An interactive solution to finding out what is happening in your area!  

 

One of the major factors in determining home prices is "Supply and Demand" - and Friendswood has been no exception to the rule. The graphs below show that more listings were taken last year  than were sold.  In 2011 there are 575 Single Family Properties sold with a median price of $190,000. The average days on the market was 93. That number is already better.  The average Days On the Market for the first quarter of 2012 is 63. 

THINGS ARE GETTING BETTER!   

 

 

Click on the graph to access our interactive Market Graph tool where you can research and compare areas by Zip Code, City and even Subdivision! 

  

INSTANT NUMBERS!: Below are quick clicks to statistics for the following Friendswood Subdivisions: The Forest Friendswood Oaks   Polly Ranch Estates   Falcon Ridge    Fieldcreek Forest   List of other subdivisions in 77546 (Friendswood)

 

 

 

MONTHLY NEIGHBORHOOD REPORTS!   Free - Created on demand! Generate your own monthly neighborhood report with detailed statistics for any neighborhood! (View sample for Friendswood Oaks) GET ONE FOR YOUR NEIGHBORHOOD 1. Search properties. View Listing Details 2. Click  NEIGHBORHOOD REPORT A report will be generated based on the subdivision of the listing. 3.  You will have to create an account to view the requested report(s). With your free account, you can save searches, save your favorite homes, and receive monthly updates.   GET FREE REPORTS NOW!

 

Understanding absorption rates is a key to understanding a housing marketing.  These formulas calculate how long it would take to deplete the existing inventory of homes on the market at a given time.  Friendswood is holding its own at 6 - meaning that based on the last 12 months of sales, it would take an average of 6 months to deplete the current inventory of homes.  Six is a transitional number.  Above 7 is a Buyer's Market.  Below 5 is a Seller's Market.  Six is average.  Stay tuned to see how it moves!

Absorption rates

National and local economy,. Supply and Demand.  All effect prices.  Location and condition of a home will ultimately become a factor in the purchase or sale of a home.  If you are buying in this area, let us represent you to make sure you are paying fair market value for the home of your choice.  If you thinking of selling your home, let us use our marketing expertise to help bring you top dollar with the least inconvenience to you. 

 

Have questions? 

Call - email - or text us today!   WE KNOW THE MARKET!