Real Estate Market News for February 2020

Leslie Lerner Properties

February News You Can Use

Housing Stats • Innovative Products at CES 2020


The new year started with an uptick in home sales across the Houston area. Last month, single-family home sales showed a 14.3 percent increase compared to January 2019. That marks the greatest January sales hike in seven years. Homes priced over $250,000 showed an increase in sales.

This year, the Houston area has a 3.5-month supply of homes versus a 3.3-month supply in January 2019. Days on market has increased from 64 to 68 days.

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.