From July through September, there were 30 homes sold, with a median home valuation of $244,419 - an 18 percent increase over the $207,138 median valuation for the same period of the previous year. There were 40 homes sold in New Territory in the third quarter of 2021.
The following table compares New Territory to other Fort Bend County cities with similar median home valuations in the third quarter of 2022:
City | July - September 2022 Home Sales | July - September 2021 Home Sales | % change (Total Home Sales) | July - September 2022 Median Valuation | July - September 2021 Median Valuation | % change (Median Valuation) |
---|---|---|---|---|---|---|
Cinco Ranch | 51 | 43 | 18.6 | $311,180 | $326,540 | -4.7 |
Hidden Lake Estates | 7 | 1 | 600 | $305,808 | $188,150 | 62.5 |
Katy | 271 | 354 | -23.4 | $297,272 | $317,730 | -6.4 |
Pin Oak Village | 1 | 1 | 0 | $295,912 | $242,176 | 22.2 |
Sugar Land | 319 | 293 | 8.9 | $281,000 | $261,624 | 7.4 |
New Territory | 30 | 40 | -25 | $244,419 | $207,138 | 18 |
Stratford Park | 1 | 2 | -50 | $219,400 | $212,209 | 3.4 |
Village of Oak Lakes | 6 | 7 | -14.3 | $217,925 | $174,720 | 24.7 |
Stafford | 33 | 37 | -10.8 | $214,170 | $175,208 | 22.2 |
Missouri City | 154 | 158 | -2.5 | $212,455 | $228,630 | -7.1 |
Richmond | 245 | 258 | -5 | $205,888 | $232,780 | -11.6 |