2022
REAL ESTATE EDITION
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REAL ESTATE DATA
COMPILED BY JAKE MAGEE & ANDY YANEZ
2021-22 Pearland and Friendswood Real estate market at a glance
77089 77546 77578 77581 77584
521
According to Sparrow Realty data, average home sales prices have increased this past year compared to the year prior. At the same time, the average days on the market has decreased in all ZIP codes in the Pearland and Friendswood area. The number of homes sold, however, has remained relatively at overall. SOURCES: SPARROW REALTY, FREDDIE MACCOMMUNITY IMPACT NEWSPAPER
518
45
35
6
288
N
Average home sales price
Number of homes sold
June 2020-May 2021
June 2021-May 2022
June 2020-May 2021
June 2021-May 2022
77089
77581
$299,218
$335,653
+14.09%
+20.45%
$341,377
$404,293
77584
77546
$319,224
$412,873
+11.22%
+19.53%
$459,203
$381,573
77578
$425,356
+24.91%
$531,306
77089
77546
77578
77581
77584
Average days on market
Featured development
June 2020-May 2021
June 2021-May 2022
VALENCIA PLANNED DEVELOPMENT
Hillwood Communities, a national commercial and residential real estate developer, on May 17 led the groundbreaking of Valencia, a new planned development in Manvel. The development, opening in summer 2023, will bring 940 homes to the area. It will also feature nearly 30 acres of commercial properties, a proposed elementary school and space to house a new Manvel City Hall and other city facilities.
Additionally, the development will include a recreation center; parks; athletic elds, including softball and baseball elds; and miles of trails that connect with other areas in Manvel.
288
1128
6
N
IOWA LN.
77089
77546
77578
77581
77584
12
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