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Housing Stats ∙ Protesting Taxes ∙ Memorial Day Sales Tax Holiday
HOUSTON HOME SALES DECLINE IN APRIL, BUT BETTER THAN APRIL 2016
Houston home sales increased slightly in April 2017 versus a year earlier. A total of 6,583 single family homes sold compared to 6,387 in April 2016. Sales activity slightly decreased compared to March 2017. This April, the strongest sales activity was among homes priced in the $750,000 and above range.
Single-family homes inventory rose from 3.8-months supply in March to 4.0 months in April. Across the U.S., inventory is at a 3.8-months supply. The average days on the market fell to 55 days.
