If you are weighing a sale, recent numbers point to a pricing strategy that needs room for negotiation.
If you are trying to decide how aggressively to price a home in Montgomery, TX, my answer is simple lead with reality, not optimism. Over the previous 30 days, recent offers closed at 94.8% of asking, so I would build your plan around a market where buyers are negotiating and choice still matters.
A typical sale in Montgomery, TX closed at $353,500 over the previous 30 days, and the typical asking price for active homes was $435,000. Supply stood at 6.83 months last month, and a typical sale took 68 days. Put together, that is not a market where I would test an inflated number and hope the crowd catches up later.
For a homeowner, the practical takeaway is clear. Buyers in Montgomery, TX had enough options recently that sellers were not capturing full asking price on average, and the typical sale timeline was not especially fast. I would treat pricing as your first marketing decision, because a home that starts too high can spend precious time sitting while competing listings shape buyer expectations.
Start by setting a price you can defend in the current range, not the aspirational one. Watch early showing activity and feedback closely in the first stretch of market time. Be ready to adjust fast if interest is light. I would also plan your prep before you list, because when supply is this broad, clean presentation and accurate pricing need to work together from day one.
