Real Estate Market News for February 2024

Leslie Lerner Properties

Real Estate Market News for February 2024

Housing Stats • Canvas Rebel Magazine • New Construction

HOUSTON AREA REAL ESTATE MARKET SHOWS SIGNS OF IMPROVEMENT

January homes sales gave Houston area residents something to smile about. Single-family home sales experienced the second increase in two years. Sales climbed 9.0 percent on a year-to-year basis, although they were down 22.0 percent compared to December 2023.

Active listings have slightly increased, while single-family months of inventory remained at 3.3. Last year, the Houston area had 2.7-months of inventory. Days on market grew to 58 days.

>>Learn more about the Houston area housing market, Leslie Lerner in Canvas Rebel Magazine and getting representation when buying new construction.

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.

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