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February 8, 2017
by Leslie Lerner Properties
Comments Off on Real Estate Market News for February 2017 – Leslie Lerner Properties – Houston Realtor

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

FEBRUARY NEWS YOU CAN USE
Housing Stats ∙ Innovative Products for the Home Unveiled at CES 2017

HOUSTON HOUSING MARKET SAW YEAR-OVER-YEAR GAINS IN JANUARY

The Houston area housing market started off the year with across-the-board gains compared to January 2016. Homes priced between $500,000 and $750,000 showed the strongest sales activity. Sales of homes priced at $750,000 and above remained strong for the third consecutive month.

Single-family homes inventory grew from grew from a 3.3-months supply to 3.5 months. Across the U.S., inventory is at a 3.6 months supply. Days on the market grew to 64 days.

>>>Learn more about market statistics, month-to month market changes and innovative products from CES 2017.