APRIL NEWS YOU CAN USE Housing Stats ∙ 11 Foods That Make the Best Home Cleaners
HOUSTON HOME SALES THRIVE IN MARCH
The Houston real estate market showed gains in single-family homes sales, pricing and inventory during the month of March. Month-to-Month, the strongest sales activity was among homes priced in the $250,000 – $499,999 range, with the $150,000 – $249,999 range being a close second. Year-over-year, the luxury market ($750,000 and above) followed the homes priced in the $250,000 – $499,999 range.
Single-family homes inventory increased from 3.5-months supply in February to 3.8 months in March. Across the U.S., inventory is at a 3.8-months supply. The average days on the market fell slightly to 60 days.
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.
DECEMBER NEWS YOU CAN USE Housing Stats ∙ Having a Positive Attitude During Times of Change
HOUSTON HOUSING MARKET IMPROVES IN NOVEMBER COMPARED TO SAME TIME LAST YEAR
The Houston area housing market has been gaining inventory, resulting in across-the-board gains in November. Sales of all property types, including homes priced at $500,000 and above were up from the same month last year. This is the first time the $500,000 and above market has increased since August 2015. On a year-to-year basis, home sales are up 2.7 percent compared to this time last year. Inventory levels have grown from a 3.4-months supply last November to 3.6 months this year. Housing inventory across the U.S. is at a 4.3-months supply.
NOVEMBER NEWS YOU CAN USE Housing Stats ∙ Houston Holiday Events
HOUSTON REAL ESTATE MARKET HOLDING STEADY
Houston area homes sales held steady for the second straight month. October home sales were unchanged compared to October 2015. Homes priced between $150,000 and $500,000 had positive sales volume, while the low ends of the market experienced declines. On a year-to-year basis, homes sales are up 1.2 percent compared to last year at this time. Inventory has grown to a 3.8-months supply.
OCTOBER NEWS YOU CAN USE Housing Stats ∙ Overpricing Can Cost You
HOUSTON AREA HOME SALES SLOWED DOWN IN SEPTEMBER
Houston area homes sales eased slightly in September with a 0.5 percent year-over-year decline. September sales of all property types was down 1.6 percent from the same month last year. The market’s low and high ends experienced declines, while homes priced between $150,000 and $500,000 saw positve sales volume.
Months of inventory for single-family homes rose from a 3.5 months supply to 3.9 months. Housing inventory across the U.S. is at a 4.6 months supply according to the National Association of Realtors.
JUNE NEWS YOU CAN USE Housing Stats ∙ Hurricane Season is Here
HOUSTON HOME SALES SLOW DOWN IN MAY
Houston’s home sales slid 4.3 percent in May. Single-family home sales and total property sales were down, total dollar volume was flat and prices were up to the hightest levels of all times. Housing inventory grew in May to a 3.1-months supply versus the 2.8-months supply this time last year. The current national supply is 5.3-months.