>In May 2008, the Houston Kingwood real estate market was ranked on the Houston Hotness Index as  #15 out of 45 Houston market areas because 11.5% of all listings went under contract during that one month.
 
>Single-family home sales are down in Kingwood over May 2007 by 114 units or 21.35% with 420 home sales recorded in MLS year to date compared to 534 closed last year during the same time frame.

>Pending contracts really displayed a decline over May YTD 2007 by experiencing a 26.14% decline in May YTD 2008.  Pending units recorded year-to-date currently stand at 308 whereas last year, pending units were at 417.

>Houston Kingwood Homes on the Market are up by 25.65% over last year.  There are currently 534 homes on the market in Kingwood as compared to 425 last year.

>The Houston Kingwood single-family real estate market has an average sales price is $219,559 and that figure is up by 5.75% over last year.  The median sales price or price point where half the homes sold above and half sold below is $178,000 and like average sales price is up by 3.94%.