As an expert in the real estate industry, I am often asked about the current state of the market in different areas. One question that has been frequently popping up is, how many properties are currently for sale in Montgomery County, TX? Located in the southeastern part of Texas, Montgomery County is a popular destination for homebuyers and investors alike. With its beautiful landscapes, thriving economy, and excellent quality of life, it's no wonder that people are interested in the properties available in this county.
The Real Estate Market in Montgomery CountyBefore we dive into the number of properties for sale, let's take a look at the overall real estate market in Montgomery County. According to recent data from the Houston Association of Realtors (HAR), the county has seen a steady increase in home sales over the past few years.
In 2019, there were 10,000 homes sold in Montgomery County, which was a 4.8% increase from the previous year. The median sales price also saw a slight increase of 1.6%, reaching $250,000. One of the main factors driving the real estate market in Montgomery County is its strong economy. The county is home to several major corporations, including ExxonMobil and Chevron Phillips Chemical Company. This has led to a steady job growth and a low unemployment rate, making it an attractive location for both businesses and individuals.
The Number of Properties for SaleNow, let's get to the main question at hand - how many properties are currently for sale in Montgomery County, TX? According to HAR's latest data, there are currently 3,500 properties for sale in the county.
This includes single-family homes, townhouses, and condos. This number may seem high, but it's important to note that Montgomery County is the third most populous county in Texas, with a population of over 600,000. So, the number of properties for sale is actually quite reasonable. Out of the 3,500 properties for sale, the majority (around 2,500) are single-family homes. This is not surprising as most people prefer to live in a house rather than a townhouse or condo.
The median list price for single-family homes in Montgomery County is $350,000, which is slightly higher than the county's overall median sales price. This indicates that there is a demand for higher-priced homes in the area. As for townhouses and condos, there are currently around 1,000 properties for sale in Montgomery County. The median list price for these types of properties is $200,000, which is significantly lower than the median list price for single-family homes. This makes townhouses and condos a more affordable option for those looking to buy a property in Montgomery County.
The Most Popular Areas in Montgomery CountyNow that we know how many properties are currently for sale in Montgomery County, let's take a look at the most popular areas within the county.
According to HAR's data, the top three areas with the most properties for sale are Conroe (1,000+), The Woodlands (800+), and Spring (600+). These areas are known for their excellent schools, beautiful neighborhoods, and convenient location. Conroe is the county seat of Montgomery County and offers a mix of urban and suburban living. The Woodlands is a master-planned community that has been consistently ranked as one of the best places to live in Texas. And Spring is a growing community with a variety of housing options and easy access to major highways.
ConclusionIn conclusion, there are currently 3,500 properties for sale in Montgomery County, TX.
This number may seem high, but it's important to consider the county's population and the strong demand for properties in this area. With its thriving economy, beautiful landscapes, and excellent quality of life, Montgomery County is a great place to invest in real estate. Whether you're looking for a single-family home, townhouse, or condo, there are plenty of options available in this county.