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Tomball Real Estate Market Update | May 2022

The Real Estate Market is balancing and you may be wondering what this means for your specific area. This week, we have everything you need to know about the Real Estate Market in Tomball! If you are looking to buy, sell, or simply stay updated on the housing market in Tomball, you can rely on Michele Harmon Team, your Tomball-Area Specialists.

How is the Real Estate Market in Tomball?

Months of Inventory is at 1.8, which refers to the number of months it would take to sell all properties for sale at the average monthly sales pace. This has increased 83.9% since May 2021! Meanwhile, the median sales price of homes is $365,105, which is a 10.6% increase from May 2021. 

See the graphics below for an overview of the Real Estate Market in Tomball.

Buy a Home in Tomball

Tomball is a wonderful suburb located about 30 miles Northwest of Houston! Michele Harmon Team can help you negotiate an outstanding offer that will stand out against competitive buyers looking to purchase in Tomball. Contact us at 713-818-1330 to start the process of owning your dream home in Tomball today!

Sell a Home in Tomball

Are you thinking about selling your home in Tomball? Michele Harmon Team has the experience, knowledge, and local expertise to get your home SOLD for TOP DOLLAR! We have over 330 five 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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