Weekly Housing Market Report – Richmond, Rosenberg, and Sugar Land, Texas – Week 14: March 31 – April 6, 2025

Richmond Housing Market Overview

Market Appreciation or Depreciation
The median closed price in Richmond dipped to $360,000, down from $387,950 last week.

Number of Active Listings
Listings surged to 164 Active or Pending properties, the highest count in recent weeks.

Median Days on Market (DOM)
Sales moved faster this week with a median DOM of 23.0 days, improving from 32.0 last week.

List Price Trends
The median list price dropped slightly to $374,990, compared to $399,955 the week before.

Seller Concessions Over $1
Percentage of Sales with Concessions: 53.6%
Minimum Concession: $1,500
Maximum Concession: $29,662
Median Concession: $7,500

Rosenberg Housing Market Overview

Market Appreciation or Depreciation
The median price stayed nearly flat at $352,000, showing minor variation from Week 13.

Number of Active Listings
There were 44 Active or Pending listings, up slightly from 33.

Median Days on Market (DOM)
DOM dropped significantly to 27.0 days, improving from 115.5 the week prior.

List Price Trends
List prices held stable at $352,495, almost identical to the previous week.

Seller Concessions Over $1
Percentage of Sales with Concessions: 75.0%
Minimum Concession: $499
Maximum Concession: $13,650
Median Concession: $8,706

Sugar Land Housing Market Overview

Market Appreciation or Depreciation
Sugar Land saw another strong performance with a median closed price of $529,000, up from $482,500.

Number of Active Listings
Listings increased sharply to 88, up from 59 — indicating growing seller confidence.

Median Days on Market (DOM)
DOM ticked up slightly to 24.0 days, still among the fastest in the region.

List Price Trends
List prices continued upward, reaching $549,000, up from $482,500.

Seller Concessions Over $1
Percentage of Sales with Concessions: 20.7%
Minimum Concession: $3,000
Maximum Concession: $19,000
Median Concession: $8,500

Legal Disclaimer
The information provided in this blog post is for informational purposes only and should not be considered financial, legal, or real estate advice. Readers are encouraged to conduct their own research and consult with a licensed real estate professional before making any property-related decisions.

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