Real Estate Market News for April 2022

Leslie Lerner Properties

Real Estate Market News for April 2022

Housing Stats • Stucco

Houston Area Home Sales Improved in March

Despite low inventory, Houston home sales continued to rise in March. Many home buyers are finding the market very frustrating due to bidding wars, homes going under contract in a very short time and rising interest rates. 

Single-famiily home sales increased 4.1 percent compared to March 2021.  On a year-to-date basis, home sales are 10.8 percent ahead of last year’s pace.

There was an increase of sales in all price ranges during the month of March. Months of inventory remained at 1.3. Days on the market decreased to 38.

On another note, homeowners should be receiving their 2022 tax appraisals. Please feel free to call us anytime to discuss your appraisal, buying, selling or just to say hello.  We love to hear from you!

>>>Learn more about the Houston housing market, stucco and more.

About the author

Leslie Lerner Properties understands that buyers and sellers are tired of having to account for high commission rates when budgeting for their home sale and/or purchase. That is why we have put our clients first by implementing flat fee listings and rebated real estate commissions. Our innovative approach to real estate commissions maximizes your return on investment. Why reduce the equity in your home with high commission rates? Leslie Lerner Properties is The Home of Flat-Fee Listings and Rebated Commissions.