From July through September, there were four homes sold, with a median home valuation of $177,820 - a 12.2 percent decrease from the $202,570 median valuation for the same period of the previous year. There were four homes sold in Summerfield in the third quarter of 2021, as well.
The following table compares Summerfield 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) |
---|---|---|---|---|---|---|
Fairchilds | 1 | 3 | -66.7 | $199,808 | $199,808 | 0 |
Pearland | 6 | 6 | 0 | $192,050 | $228,968 | -16.1 |
Meadows Place | 20 | 7 | 185.7 | $187,705 | $188,776 | -0.6 |
Beasley | 2 | 4 | -50 | $180,840 | $136,275 | 32.7 |
Pecan Grove | 71 | 55 | 29.1 | $180,264 | $178,520 | 1 |
Summerfield | 4 | 4 | 0 | $177,820 | $202,570 | -12.2 |
Pleak | 2 | 26 | -92.3 | $177,340 | $36,504 | 385.8 |
Cumings | 5 | 9 | -44.4 | $175,792 | $183,440 | -4.2 |
Arcola | 1 | 1 | 0 | $175,390 | $45,610 | 284.5 |
Fresno | 49 | 71 | -31 | $174,350 | $165,410 | 5.4 |
Pheasant Creek | 6 | 2 | 200 | $172,464 | $249,770 | -31 |