From January through March of 2022, there were 37 homes sold, with a median home valuation of $213,919 - a 22% decrease over the $274,410 median valuation for the same period of the previous year. There were 12 homes sold in New Territory in the first quarter of 2021.
The following table compares New Territory to other Fort Bend County cities with similar median home valuations in the first quarter of 2022:
City | Jan. - Mar. 2022 Home Sales | Jan. - Mar. 2021 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2022 Median Valuation | Jan. - Mar. 2021 Median Valuation | % change (Median Valuation) |
---|---|---|---|---|---|---|
Clodine | 1 | 0 | - | $245,510 | $0 | - |
Richmond | 241 | 164 | 47% | $240,224 | $220,633 | 8.9% |
Sugar Land | 287 | 156 | 84% | $238,780 | $308,326.50 | -22.6% |
Sienna Plantation | 16 | 17 | -5.9% | $238,040 | $279,992 | -15% |
Pin Oak Village | 1 | 1 | 0% | $217,032 | $285,344 | -23.9% |
New Territory | 37 | 12 | 208.3% | $213,919 | $274,410 | -22% |
Missouri City | 112 | 111 | 0.9% | $213,740 | $225,760 | -5.3% |
Pheasant Creek | 3 | 2 | 50% | $213,400 | $246,293 | -13.4% |
Stratford Park | 2 | 3 | -33.3% | $212,463 | $206,510 | 2.9% |
Greatwood Village | 2 | 0 | - | $191,924 | $0 | - |
Cumings | 1 | 2 | -50% | $185,648 | $177,461 | 4.6% |