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Home valuations decreased in Montgomery during February 2017

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The median assessed value of a home sold in February 2017 in Montgomery fell by $21,570 while total valuation decreased by 25%, according to BlockShopper.com.

In February 2017, there were 69 homes sold, with a median home valuation of $162,560 - a 11.7% decrease over the $184,130 median valuation for the same period of the previous year. There were 92 homes sold in Montgomery in February 2016.

The following table compares Montgomery to other Montgomery County cities with similar median home valuations in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median ValuationFeb. 2016 Median Valuation% change (Median Valuation)
Shenandoah440%$283,165$304,215-6.9%
The Woodlands14511625%$256,300$243,5655.2%
Magnolia5981-27.2%$192,130$135,54041.8%
Roman Forest220%$183,775$161,44013.8%
Spring57104-45.2%$174,240$154,56012.7%
Montgomery6992-25%$162,560$184,130-11.7%
Oak Ridge North34-25%$158,190$134,33017.8%
Willis4752-9.6%$141,290$65,525115.6%
Panorama Village68-25%$135,605$164,120-17.4%
Stagecoach13-66.7%$132,640$189,890-30.1%
Conroe126142-11.3%$130,755$114,42514.3%

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