August News You Can Use ∙ Housing Stats ∙ Getting Your Home Ready to Sell ∙ Client Satisfaction
Slowly, but surely, Houston homebuyers are seeing more homes come on the market. Inventory had been flat at a 2.6 month supply from last December to April, but has been slightly moving up in the last three months. Houston is still down from the 3.4 months supply a year ago, and below the 5.6 months supply across the U.S.
Home prices grew to the highest levels for a July, but were lower than June’s all-time record highs. Sales of homes priced between $250,000 and the millions showed the greatest strength, while days on market (DOM), fell to a record low of 45.
>>>Read more about Houston’s housing statistics, getting your home ready to sell and more.
