Pearland TX - Real Estate Market conditions through January 2009

By
Real Estate Broker/Owner with Coldwell Banker United, Realtors 713-581-4702 0524744

The Pearland TX real estate market is doing GREAT.  In looking at the real estate market in Pearland, one can see we are following the same trend as the last 2 years.  The median price is flat for Jan 07-09. So, if one where to follow the trend, the Pearland Real Estate market is set for launch.  I feel Pearland will follow the last 2 years trends.  Pearland's real estate market is doing fine.  Now is the time to put your house on the market... You just need to price the house correctly and it will sell.  For someone buying a home in the Pearland market, now is the time to buy before the prices start to climb like they do every year.

Real Estate Stats

In looking at the next chart on the Pearland Real Estate Market, you can see the DOM or Days on Market are all over the chart.  It took an average 94 to sell a house in Pearland in Jan 2009.  In January, Pearland had 4.9 months of inventory.  Which is low for this time of the year.  I think this will drive the value of real estate in the Pearland area upwards.  You, as a home seller can affect this average by the price you set your house at.  If you price your home on the high side of the average, it will take longer to sell and if you price you house one low side of the average, it will sell faster.  So what does this mean for the average family selling a home in the Pearland area, price your house right and it will sell.

Months Supply of Real Estate Inventory

Now is a GREAT time to buy real estate in the Pearland area.  There are a lot of very good DEALS on real estate in the Pearland TX area and I would love to help you become a home owner.  Call me and I will send you a free book, " Your First Home, The proven Path to Home Ownership".

For more information on buying or selling property in Texas, I invite you to visit http://www.texasrealestate.com/ or http://www.har.com/ and for all of your Pearland TX and Northern Brazoria and Galveston County real estate needs, please visit my site at http://www.danfrankrealty.com/.  Danny Frank is a local Pearland Real Estate expert.  I would love to help you sell your house and help you find your next home.

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