Conroe – Montgomery County NW – Area 39

•  Sales are down by 71 units in NW Montgomery County in comparison to 2006 with 1,490 homes sales recorded in MLS as compared to 1,577 last year.
• Contracts written year-to-date are down 1.63% with 967 recorded pending contracts year-to-date as opposed to 983 last year.
• Listings are up over this time last year by 3.74%. There are currently 998 homes on the market in the area.
•  Average sales price is up over last year [8.36%] and currently stands at $226,511. The median sales price is up by 7.30% and is $169,000.
• The area has 7.3 months of inventory. The average price per square foot is $97 and days to sell a home are 97, which is down from last years’ 99.
•  The Houston Hotness Index indicates that the Conroe area sold 6.4% of its single-family home supply in the month of December 2007.