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Real Estate Market News for March 2017 – Leslie Lerner Properties – Houston Realtor

MARCH NEWS YOU CAN USE
Housing Stats ∙ More Smart Products from CES 2017

NEW DATA FOR READERS
Each month, Leslie Lerner Properties sends newsletters reporting housing statistics per the Houston Association of REALTORS® monthly report. Every time the report is sent, we are curious to see monthly versus yearly comparisons. Due to this curiosity and desire to truly inform buyers and sellers, we have taken the HAR monthly report a bit further, and started examining monthly data.

Below you will find tables outlining current monthly statistics, along with HAR’s year-to-year report. We hope you will find this information as informative as we do. We always want our buyers and sellers to have a true vision of the current market.

If there is other data you would like to see in the future, please let us know.

HOUSTON HOME SALES IMPROVED IN FEBRUARY

Houston home sales perked up in February with year-over-year and monthly gains. Sales in each price category either remained steady or increased, which is good news for our local market.

Single-family homes inventory remained the same at 3.5-months supply versus 3.4 months last year. Across the U.S., inventory is at a 3.6 months supply. The average days on the market grew to 66 days.

>>>Learn More about the Houston housing market and smart home products from CES 2017.

Author: Leslie Lerner Properties

Leslie Lerner Properties is your #1 choice when looking for first-class service for less money. We offer flat-fee listings and rebated commissions. Our innovative approach to real estate commissions maximizes your return on investment. Why reduce the equity in your home with high commission rates? Leslie Lerner Properties is The Home of Flat-Fee Listings and Rebated Commissions.

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