New Weakening in Home Prices for Spring Real Estate Market

The Spring remained below its 12-month average sales volume this week as sales slid 9.2% to hit 79 homes sold over the last 30 days. On the other hand, close-by Houston registered 1,731 homes sold in the same time frame, the most of all surrounding cities. The median sales price continued to fall, trending downwards for four weeks to reach $149,900. There are only three months of inventory available in Spring, so it's still a seller's market, despite the falling prices.

Looking to move to Spring, but at an economical price? You may want to start with these low-cost listings:

$107K   $109K   $109K  

Get started right now by checking out Spring homes for sale or reviewing Spring real estate trends.

Demographic facts for Spring:

  • The rating for this area for population growth is 70. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $20.09/$1,000.
  • People in this area have a commute time breakdown of: <15 min (14.3%), 15-29 min (40.2%), 30-44 min (24.9%), 45-59 min (11.9%), >60 min (8.7%).

Data reported through 10/12/2016

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