Sugar Land - Missouri City Edition | February 2023

REAL ESTATE

Featured Neighborhood Featured neighborhood

77478

AUSTIN MEADOWS, 77479 Austin Meadows is a single-family residential community o Hwy. 59 in Sugar Land. The community is located near several parks, including Brazos River Park, Sugar Land Park and Crescent Lakes Park. It is also near Sweetwater Country Club.

YEAROVERYEAR MARKET DATA: DECEMBER The median price of homes sold in all area ZIP codes increased except ZIP code 77498 in December 2022 over December

77498

90

77489

99 TOLL

59

6

77479

Homes on the market* 1 Median home value $545,000

2021. The number of homes sold decreased in all area ZIP codes.

77459

ELKINS RD.

N

NUMBER OF HOMES SOLD

77459

77478

77479

77489

77498

Year

COMMONWEALTH BLVD.

Homes under contract 0

2021 2022

134

34

141

40

50

N

102

19

56

21

33

Build-out year: 1992 Median square footage: 2,800-3,952 HOA dues (estimated): $812 annually Schools: Colony Meadows Elementary School, Fort Settlement Middle School, Clements High School Property taxes (in dollars): Fort Bend ISD 1.2101 Fort Bend County Levee Improvement District No. 2 0.149 Fort Bend County 0.4383 Fort Bend Drainage District 0.0145 City of Sugar Land 0.3465 Total (per $100 valuation) 2.1584

NEIGHBORHOOD DATA PROVIDED BY ALINA ROGERS SPARROW REALTY 2819612944 ALINAWROGERSYAHOO.COM Average days on the market* 34 Median annual property taxes $9,489 Median price per square foot $165,81

MEDIAN PRICE OF HOMES SOLD

WITH YEAROVERYEAR PERCENTAGE CHANGE

2021

2022

77459

77478

77479

77489

77498

Sale price

$700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0

+15.82%

+6.71% +6.59%

3.11%

+7.93%

*AS OF JAN. 1

NEW HOMES NOW SELLING New Homes $400s-$800s+ 9 Builders · 7 Lot Sizes

Coventry · David Weekley · DR Horton · Highland Newmark · Perry · Tri Pointe · Lennar · Westin

22

SUGAR LAND  MISSOURI CITY EDITION • FEBRUARY 2023

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