July 2025 Pearland & Friendswood Real Estate Market Update

Pearland & Friendswood Real Estate Market Report July 2025As your local real estate expert with over 20 years of experience in Pearland and Friendswood, Ive reviewed the latest MLS data to bring you a clear picture of whats happening in our local market. Whether you're thinking about buying, selling, or investing, heres what you need to know. Home Prices: A Closer Look at ValueIn July 2025, the median sold price for homes in Pearland and Friendswood was $394,500, up from $368,250 in April. This steady increase shows continued buyer demand. The average sold price in July was $460,411, with a price gap of over $65,000 between the average and median. This gap often reflects a market with some higher-end sales pulling the average up, while more moderately priced homes are still moving quickly.The median price represented about 85.7% of the average, which tells us that while luxury homes are selling, most buyers are still purchasing in that mid-range price bracket. Inventory and Sales Absorption: Market Activity is Strong- Sales Absorption Rate: 21.1% of the available homes sold in July, down slightly from 22.4% in June. This indicates steady turnover.- Under Contract Rate: 20.0% of listings were under contract in July.- Total Listings: 890 active listings with 188 sold and 178 under contract.This absorption rate reflects a healthy market where listings continue to move, although at a slightly more measured pace than earlier in the year. Days on Market (DOM): Homes Are Selling Quickly- Average DOM for Sold Listings: 31 days- Pending Listings: Averaged 31 days on market before going under contract- Active Listings: Averaging 51 days on marketWhat does this mean? Homes that are priced right and well-presented are still moving fasttypically within a month. Properties that have been on the market longer may be overpriced or need improvements. Months Supply of Inventory (MSI): Still a Seller's MarketThe MSI in July was 3.3 months, which is up from 2.7 in May. This metric helps us understand market balance:- 04 months = Seller's market- 56 months = Balanced market- 6+ months = Buyer's marketAt 3.3 months, were still firmly in a seller's market, but conditions are starting to ease slightly, giving buyers a bit more room to negotiate. What This Means for You Sellers:- Now is still a great time to list. Prices are strong, and homes are selling in about 30 days if priced correctly.- With a slight uptick in inventory, proper pricing and marketing are key to standing out. Buyers:- More listings mean more options, but the best homes still move fast.- Work with an experienced agent (like me!) who can help you move quickly and negotiate smartly. Investors:- The price gap between average and median suggests opportunities in both mid-range homes and luxury listings.- Steady demand and rising values make Pearland and Friendswood attractive for long-term growth. Final ThoughtsThe Pearland and Friendswood markets remain strong and active. While things are beginning to normalize slightly, the demand is still high, and homes are continuing to appreciate. Whether youre making your next move or just exploring your options, Im here to help you make the most informed decision.Please call or DM me if you're even thinking about buying, selling, or investing in real estate in the greater Pearland or Friendswood area.

Danny FrankA Texas RealtorJLA RealtyThe Pearland Real Estate ExpertServicing all areas in the greater Houston area and the Central Texas areaAreyou getting ready to sell or purchase your house or land in the area or any surrounding areas of SE Texas?Helping Texans make the best real estate decisions since 2004.Let's talk soon.Search Pearland Home For SalePearland Open HousesNew Listings in PearlandAre you or someone you know want to become a Realtor? I am hiring both new and experienced Agents. Click HERE to find out more about working with me!

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