HOUSTON HOME SALES AHEAD OF 2016, BUT DOWN ON A MONTH-TO-MONTH BASIS
Houston single-family home sales rose for the tenth straight month compared to July 2016, but fell since June 2017. Prices seem to be leveling out.
Single-family homes inventory rose from a 4.0-months supply last July, to 4.5 months in July 2017. That is also a slight increase from 4.4 months in June 2017. Across the U.S., inventory is at a 4.3-months supply. The average days on the market fell to 48 days.
According to the latest monthly report prepared by the Houston Association of REALTORS® (HAR):
|Category||Jan. 2017||Feb. 2017||Mar. 2017||Apr. 2017||May 2017||June 2017||July 2017||Aug. 2017||Sept. 2017||Oct. 2017||Nov. 2017||Dec. 2017|
|Total Property Sales||4,997||6,111||8,495||8,014||9,744||9,993||8,821||7,077||8,150||7,614||7,270||8,125|
|Total Active Listings||34,958||35,685||37,926||39,567||41,257||43,326||44,299||42,822||40,848||39,692||37,914||33,432|
|Single-Family Home Sales||4,080||4,933||7,013||6,583||8,156||8,414||7,440||5,917||6,913||6,381||6,184||6,875|
|Single_Family Months of Inventory||3.5||3.5||3.8||4.0||4.1||4.4||4.5||4.4||4.1||3.9||3.7||3.2|
|Single-Family Pending Sales||6,286||6,908||8,311||8,382||8,808||8,363||7,940||6,295||6,606||7,201||6,218||5,413|
|Days on Market||64||66||60||55||51||50||48||50||54||61||61||62|
Single-Family Sales by Price Range (Harris, Fort Bend, Brazoria, Montgomery & Waller Counties):
|Price Range||Jan. 2017||Feb. 2017||Mar. 2017||Apr. 2017||May 2017||June 2017||July 2017||Aug. 2017||Sept. 2017||Nov. 2017||Dec. 2017|
|$1 - $99,999||167||203||217||193||227||206||202||160||192||242||247|
|$100,000 - $149,999||575||565||732||657||776||720||666||550||587||595||647|
|$150,000 - $249,999||1,362||1,684||2,386||2,253||2,705||2,761||2,549||2,166||2,526||2,269||2,298|
|$250,000 - $499,999||1,108||1,539||2,173||2,055||2,569||2,652||2,210||1,869||2,150||1,849||2,134|
|$500,000 - $749,999||210||225||368||309||439||521||396||304||358||306||369|
|$750,000 and above||132||162||226||253||273||335||301||222||204||188||216|
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– Michael S.
PAINT INSTEAD OF REPLACE TO SAVE MONEY
Did you know that paint can be applied to carpet, appliances or vinyl floors? If you clean. patch and sand the area correctly, a little paint can go a long way.
In a few quick steps, with proper preparation you can paint hardware, a brick fireplace, ceramic tile, wood floors, carpet and vinyl floors.
Door, Drawer and Cabinet Hardware
Spray paint can turn builder-grade brass locks and hinges into fashion-forward hardware with an oil-rubbed bronze, pewter, or stainless look.
Tip: Insert the door lock’s spindle into a square of Styrofoam, which will hold it upright while you spray around the knob.
When you paint your brick fireplace, you transform the entire room. But beware! Once you paint brick, it’s nearly impossible to return it to the original brick color.
You can paint brick a single color, or achieve some variation — like the variations in real brick — by sponging on slightly lighter and darker hues.
Some good places to paint paint ceramic tile are laundry room floors, backsplashes under cabinets (but not above ranges where pasta sauce splatters), and walls around tubs you rarely use. Stay away from painting tiles in high-traffic and high-moisture areas.
When wood floors are beyond another refinishing, painting can give them a second life — and give you a chance to add a personal touch to your home.
Yes, a little upholstery paint can cover stains and revive carpet.
Kathie Smula of Spray It New upholstery paint says carpets with a short pile are the best candidates for painting; long-pile carpets become hard and matted when painted.
Painting is an inexpensive way to get a few more years out of old vinyl floors in kitchens and laundry rooms.
Heat-resistant appliance paint will perk up your kitchen. Use an indoor appliance paint to change colors, or a liquid stainless steel application to give your appliance the stainless steel look.
Use a roller for small touchups; two or three thin coats of spray paint is better for total appliance coverage.
Information from House Logic.
LESLIE LERNER PROPERTIES WILL:
If you think it is time to buy or sell a home, remember to call Leslie Lerner Properties at 713.489.9900. Leslie Lerner Properties is the Home of Flat Fee Listings and Rebated Commissions. A great amount of information can be found at www.LeslieLernerProperties.com. Leslie Lerner Properties offers all of the service for less money, when buying or selling a home.