Real Estate Market Update for Sugar Land, TX

Video: Real Estate Community Tour for Sugar Land, TX

See Real estate community tour for Sugar Land, TX
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was up 7% from one year earlier, and down 6% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 430-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 9%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 310-thousand dollars. The number of units sold decreased 21% year-over-year, and decreased 6% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Sugar Land, TX
Area Information for Sugar Land, TX
  • Population: 87,205
  • Median Age: 41.98 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 2,663/sq mi
  • Population Change Since 2000: 34.59%
  • Closest Airport: William P Hobby
  • Closest College: Houston Baptist University
  • Closest Jr. College: Remington College-houston
  • Median Household Income: $105,237
  • Annual Residential Turnover: 7%
  • Median Home Sales Price: $312,500
  • Closest Major Sports Team: Houston Texans
  • Change Avg. Household Income Since 2000: 32.35%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Sugar Land, TX
Median Age: 41.98 Married: 53% Number of Households: 29,685 Households with Children: 11,034
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Sugar Land, TX

      School Name Distance Type Grades School Rating Parent Rating
      Faith Lutheran School 0.3 mi Private PRESCHOOL-1 0 0
      Primrose School Of Sugar Land 0.7 mi Private PRESCHOOL-K 0 0
      Lakeview Elementary School 1.1 mi Public K-5 3 0
      Cornerstone Christian Academy 1.2 mi Private PRESCHOOL-8 0 0
      M R Wood Alternative School 1.3 mi Public K-12 0 0
      The Walden School 1.3 mi Private PRESCHOOL-2 0 0
      Sugar Land Middle School 1.3 mi Public 6-8 4 3
      St Theresa Catholic School 1.3 mi Catholic PRESCHOOL-6 0 0
      Trent International School 1.4 mi Private PRESCHOOL-12 0 0
      School For Little Children 1.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      Fort Bend Christian Academy 1.7 mi Private PRESCHOOL-12 0 0
      Sugar Mill Elementary School 1.7 mi Public K-5 3 5
      Highlands Elementary School 1.8 mi Public PRESCHOOL-5 5 0
      Colony Meadows Elementary School 2.0 mi Public PRESCHOOL-5 5 0
      Cambridge Montessori School 2.0 mi Private PRESCHOOL-1 0 0
      St Laurence Catholic School 2.1 mi Catholic PRESCHOOL-8 0 0
      Colony Bend Elementary School 2.3 mi Public K-5 4 0
      Cornerstone Elementary School 2.3 mi Public K-5 5 0
      Riverbend Montessori School 2.4 mi Private PRESCHOOL-6 0 0
      Walker Station Elementary School 2.4 mi Public K-5 5 0
      The Honor Roll School 2.4 mi Private PRESCHOOL-8 0 0
      Clements High School 2.4 mi Public 9-12 5 4
      Kempner High School 2.5 mi Public 9-12 4 3
      First Colony Middle School 2.9 mi Public 6-8 5 0
      Dulles Elementary School 2.9 mi Public K-5 3 0
      Rita Drabek Elementary School 2.9 mi Public PRESCHOOL-5 4 0
      Harmony School Of Science - High School 2.9 mi Public 7-12 5 1
      Dulles Middle School 2.9 mi Public 6-8 4 0
      Dulles High School 2.9 mi Public 9-12 4 4
      God's Rainbow Christian Academy 3.0 mi Private PRESCHOOL-7 0 0
      Settlers Way Elementary School 3.0 mi Public PRESCHOOL-5 5 0
      Sartartia Middle School 3.1 mi Public 6-8 5 4
      Park Point Montessori School 3.2 mi Private PRESCHOOL-3 0 0
      Barrington Place Elementary School 3.3 mi Public PRESCHOOL-5 4 0
      New Southwest Montessori 3.3 mi Private PRESCHOOL-K 0 0
      Primrose School Of First Colony 3.5 mi Private PRESCHOOL-K 0 0
      Macario Garcia Middle School 3.5 mi Public 6-8 5 4
      Austin Parkway Elementary School 3.6 mi Public K-5 4 5
      Commonwealth Elementary School 3.6 mi Public K-5 5 5
      Fellowship Christian Academy 3.6 mi Private PRESCHOOL-7 0 0
      Fort Settlement Middle School 3.6 mi Public 6-8 5 0
      Stephen F Austin High School 3.7 mi Public 9-12 4 4
      Harmony School Of Science - Housto 3.7 mi Public K-6 4 4
      Oyster Creek Elementary School 3.7 mi Public K-5 4 0
      Darul Arqam School Southwest 4.0 mi Private PRESCHOOL-8 0 0
      Memorial Montessori School 4.0 mi Private PRESCHOOL-K 0 0
      Brazos Bend Elementary School 4.0 mi Public K-5 5 0
      Townewest Elementary School 4.3 mi Public PRESCHOOL-5 2 0
      Bess Campbell Elementary School 4.6 mi Public K-5 5 0
      Montessori Greatwood 4.8 mi Private PRESCHOOL-K 0 0
      Susanna Dickinson Elementary School 5.3 mi Public PRESCHOOL-5 5 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Sugar Land, TX
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.