2023
REAL ESTATE DATA
COMPILED BY ANNA LOTZ
Conroe and Montgomery real estate market at a glance A glance at the local real estate market shows homes are staying on the market longer on average than a year ago for the six-month span from December 2022-May 2023. At the same time, the average home sales price rose year over year for half of the ZIP codes in Conroe and Montgomery.
149
77301 77302 77303
77306 77316 77318 77356
45
105
MARKET DATA PROVIDED BY JAMIE BECHTOLD THE JAMIE BECHTOLD GROUP 15949 HWY. 105, STE. 51, MONTGOMERY 832 980 2705 JAMIEJAMIEBECHTOLD.COM
77304
N
Number of homes sold
Average home sales price
HOME SALES MAY HAVE EXCEEDED 500 HOMES; SPECIFIC NUMBERS OVER 500 COULD NOT BE OBTAINED.
December 2021-May 2022 December 2022-May 2023
December 2021-May 2022
December 2022-May 2023
$286,026 $286,872 -0.29% $391,653 $346,461 +13.04% $312,072 $318,230 -1.94%
$238,048 $234,371 +1.57% $364,930 $420,743 -13.27% $405,049 $369,340 +9.67%
$416,179 $350,492 +18.74% $479,775 $513,753 -6.61%
500
400
300
Average days on market
December 2021-May 2022
December 2022-May 2023
200
100
0
77301
77302
77303
77304
77306
77316
77318
77356
77301
77302
77303
77304
77306
77316
77318
77356
National mortgage rate data After staying relatively at the rst two years of the pandemic, mortgage rates have sharply risen since early 2022, peaking Nov. 10 of last year before seeing some decline the last six months. 30-year xed-rate mortgage 15-year xed-rate mortgage
SOURCE: FREDDIE MAC COMMUNITY IMPACT
8
6.48%
6
3.22%
3.72%
2.65%
4
5.73%
3.16%
January 2020 0 2
2.16%
2.43%
January 2021
January 2022
January 2023
17
CONROE MONTGOMERY EDITION • JULY 2023
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