Real Estate Market News for February 2022

Leslie Lerner Properties

Real Estate Market News for February 2022

Housing Stats • Houston Agent Magazine • Innovative Products at CES 2022

Houston Area Home Sales Plummet in January

The new year started with a decline in home sales across the Houston area. January marked the lowest amount of total property sales since February 2021. The total number of active listings is lower than it has been in many years.

On a positive note, sales of all property types were up 9.3 percent year-over-year.  Single-family home sales rose 7.1 percent.

Days on market creeped to 39 days. This is the highest it has been since April 2021. Months of inventory remained at 1.4 months. This is the same as it was March through June of 2021.

>>>Learn more about the Houston housing market, Leslie Lerner in Houston Agent Magazine and the 2022 Consumer Electronics Show.

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.