Weekly Housing Market Report – Richmond, Rosenberg, and Sugar Land, Texas – Week 13: March 24 – March 30, 2025
Richmond Housing Market Overview
Market Appreciation or Depreciation
The median closed price in Richmond fell to $387,950, down from $411,441 the week prior.
Number of Active Listings
Richmond recorded 129 properties with Active or Pending status, up from 108 the previous week.
Median Days on Market (DOM)
DOM improved slightly to 32.0 days, compared to 37.5 days last week.
List Price Trends
The median list price settled at $399,955, a modest pullback from the prior week’s $424,430.
Seller Concessions Over $1
Percentage of Sales with Concessions: 50.0%
Minimum Concession: $1,000
Maximum Concession: $26,998
Median Concession: $8,000
Rosenberg Housing Market Overview
Market Appreciation or Depreciation
Prices in Rosenberg rose from $320,000 to $351,990, marking a week-over-week recovery.
Number of Active Listings
There were 33 Active or Pending listings, a slight decline from 44 in Week 12.
Median Days on Market (DOM)
DOM decreased to 115.5 days, compared to 161.0 in the prior week — still elevated but improving.
List Price Trends
The median list price increased slightly to $354,490, from $325,000 in Week 12.
Seller Concessions Over $1
Percentage of Sales with Concessions: 59.1%
Minimum Concession: $6,190
Maximum Concession: $24,000
Median Concession: $8,845
Sugar Land Housing Market Overview
Market Appreciation or Depreciation
Sugar Land prices continued to rise, reaching $482,500, up from $452,500 the prior week.
Number of Active Listings
There were 59 Active or Pending listings, up from 33 in Week 12 — the highest volume in three weeks.
Median Days on Market (DOM)
DOM improved again to 17.0 days, from 29.5 previously.
List Price Trends
List prices matched sale prices at $482,500, up from $479,000 in Week 12.
Seller Concessions Over $1
Percentage of Sales with Concessions: 44.4%
Minimum Concession: $650
Maximum Concession: $20,000
Median Concession: $6,000
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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