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Fairfield Village Market Update | May 2022

If you have been following our recent housing market updates, you are most likely aware of how different today’s Real Estate market is compared to past years. However, you may be interested in learning about the local Real Estate market in Cypress, Texas, specifically in your neighborhood. This week, we have an update for the Cypress, Texas neighborhood, Fairfield Village. If you are looking to buy, sell, or simply stay updated on the housing market in Cypress, you can rely on Michele Harmon Team, your Cypress-Area Specialists.

How is the Real Estate Market in Fairfield Village?

The average sales price of homes in Fairfield Village has risen 19.5%, compared to April 2021, and has risen 35% year to date. Meanwhile, the median sales prices of homes has risen 27.1%, compared to April 2021 and 50.8% year to date. Months of Inventory is at 0.6, which refers to the number of months it would take to sell all properties for sale at the average monthly sales pace. 

See the graphics below for an overview of the Real Estate market in Fairfield Village.

Buy a Home in Fairfield Village

Fairfield Village is an incredible community in Cypress, Texas! Michele Harmon Team can help you negotiate a spectacular offer that will stand out against competitive buyers looking to purchase in Fairfield Village. Contact us at 713-818-1330 to begin the process of owning your dream home in Fairfield Village today!

Sell a home in Fairfield Village

Are you thinking about selling your home in Fairfield Village? Michele Harmon Team has the experience, knowledge, and local expertise to get your home SOLD for top dollar. We have over 330 5-star Zillow reviews, and we will work hard for you! Give us a call at 713-818-1330 to discuss how much your home is worth or click here to receive your free home valuation today!

Sources:

www.texasrealtors.com

www.har.com

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