Here is what the latest numbers mean for your next move.
If you are trying to decide whether to act now in Tomball, TX, I would focus on the mix of price, pace, and supply before anything else. Last month gave me a clear read a typical sale took 51 days, supply stood at 3.8 months, and homes were still closing at 97.9% of asking.
A typical sale took 51 days last month, and that pace tells me Tomball, TX is not a market where you can afford to wait around once you find the right fit.
I would watch the 3.8 months of supply just as closely. That level gives me a market that still demands discipline, but it does not reward hesitation either.
My first move is to compare price against timing. Then I narrow the homes that make sense before I spend time touring. That is the cleanest way I would approach Tomball, TX right now.
