What happened to the median home valuation in Pecan Grove during May?

Real Estate
Re 6

The median assessed value of a home sold in May in Pecan Grove fell by $16,216 while total valuation decreased by 16.7 percent, according to BlockShopper.com.

In May, there were 20 homes sold, with a median home valuation of $141,904 - a 10.3 percent decrease from the $158,120 median valuation for the same period of the previous year. There were 24 homes sold in Pecan Grove in May 2021.

The following table compares Pecan Grove to other Fort Bend County cities with similar median home valuations in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median ValuationMay 2021 Median Valuation% change (Median Valuation)
West Oaks Village41300$168,224$178,096-5.5
Crabb20-$161,030$0-
Fresno171241.7$155,632$193,765-19.7
Town West110$150,336$165,580-9.2
Houston4046-13$143,520$133,6307.4
Pecan Grove2024-16.7$141,904$158,120-10.3
Stratford Park23-33.3$141,488$219,500-35.5
Clodine40-$89,879$0-
Cumings12-50$88,456$142,036-37.7
Village of Oak Lakes13-66.7$78,576$160,980-51.2
Summerfield110$71,480$178,920-60