What happened to the median home valuation in Pleak during Q3?

Real Estate
Webp re 10

The median assessed value of a home sold in the third quarter of 2022 in Pleak rose by $140,836 while total valuation decreased by 92.3 percent, according to BlockShopper.com.

From July through September, there were two homes sold, with a median home valuation of $177,340 - a 385.8 percent increase over the $36,504 median valuation for the same period of the previous year. There were 26 homes sold in Pleak in the third quarter of 2021.

The following table compares Pleak to other Fort Bend County cities with similar median home valuations in the third quarter of 2022:

CityJuly - September 2022 Home SalesJuly - September 2021 Home Sales% change (Total Home Sales)July - September 2022 Median ValuationJuly - September 2021 Median Valuation% change (Median Valuation)
Pearland660$192,050$228,968-16.1
Meadows Place207185.7$187,705$188,776-0.6
Beasley24-50$180,840$136,27532.7
Pecan Grove715529.1$180,264$178,5201
Summerfield440$177,820$202,570-12.2
Pleak226-92.3$177,340$36,504385.8
Cumings59-44.4$175,792$183,440-4.2
Arcola110$175,390$45,610284.5
Fresno4971-31$174,350$165,4105.4
Pheasant Creek62200$172,464$249,770-31
Needville1518-16.7$169,400$186,400-9.1