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.
Per HAR/MLS:
| Category | Jan. 2021 | Feb. 2021 | Mar. 2021 | Apr. 2021 | May 2021 | June 2021 | July 2021 | Aug. 2021 | Sept. 2021 | Oct. 2021 | Nov. 2021 | Dec. 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Property Sales | 7,519 | 7,464 | 11,692 | 11,348 | 12,100 | 12,100 | 12,383 | 12,036 | 11,285 | 10,756 | 10,216 | 11,432 |
| Total Active Listings | 26,271 | 23,933 | 22,602 | 22,794 | 22,607 | 22,607 | 27,268 | 27,555 | 27,238 | 26,851 | 25,016 | 22,496 |
| Single-Family Home Sales | 6,088 | 6,049 | 9,347 | 9,105 | 9,702 | 9,702 | 10,159 | 9,890 | 9,226 | 8,703 | 8,320 | 9,272 |
| Townhome/Condominium Sales | 450 | 485 | 788 | 817 | 835 | 887 | 827 | 789 | 729 | 681 | 679 | 805 |
| Single-Family Months of Inventory | 1.8 | 1.6 | 1.4 | 1.4 | 1.4 | 1.4 | 1.8 | 1.9 | 1.8 | 1.8 | 1.6 | 1.4 |
| Single-Family Pending Sales | 8,809 | 8,288 | 11,182 | 11,140 | 10,909 | 10,909 | 10,368 | 10,431 | 9,540 | 9,492 | 9,069 | 7,527 |
| Days on Market | 48 | 48 | 45 | 40 | 34 | 34 | 26 | 26 | 29 | 32 | 35 | 37 |
| Price Range | Jan. 2021 | Feb. 2021 | Mar. 2021 | Apr. 2021 | May 2021 | June 2021 | July 2021 | Aug. 2021 | Sept. 2021 | Oct. 2021 | Nov. 2021 | Dec. 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1 - $99,999 | 56 | 53 | 60 | 48 | 53 | 50 | 46 | 52 | 61 | 51 | 47 | 39 |
| $100,000 - $149,999 | 213 | 170 | 215 | 182 | 179 | 170 | 175 | 171 | 158 | 136 | 150 | 122 |
| $150,000 - $249,999 | 1,894 | 1,724 | 2,373 | 2,272 | 2,065 | 2,115 | 2,030 | 2,003 | 1,947 | 1,723 | 1,549 | 1,675 |
| $250,000 - $499,999 | 2,343 | 2,432 | 3,930 | 4,153 | 4,264 | 4,836 | 4,712 | 4,562 | 4,395 | 4,178 | 4,065 | 4,617 |
| $500,000 - $749,999 | 357 | 423 | 789 | 819 | 915 | 1,059 | 960 | 891 | 796 | 751 | 747 | 936 |
| $750,000 and above | 214 | 267 | 478 | 513 | 598 | 689 | 586 | 487 | 436 | 430 | 441 | 520 |
“Since 1993, Leslie Lerner, a lifelong Houstonian, has assisted buyers and sellers in Houston and the surrounding area with the high level of service they deserve and a unique value-add: flat-fee listings and rebated commissions.
Since switching from teaching to real estate, Lerner has not stopped educating people. “My priority has always been educating my clients to make well-informed decisions. It’s very important to guide them through the real estate process — understanding market data, pricing, contracts, negotiation, inspection, appraisal and closing.” She makes sure they realize it involves more than putting up a sign in the yard.”
The 2022 Consumer Electronics Show (CES) was held in-person and virtually this year with over 2,100 exhibitors. Cutting-edge technologies and the latest product launches from global tech companies and other entrepreneurs were exhibited during the three day event. These are some of the products that received awards for outstanding design and engineering.
VideowindoW converts entire glass façades into huge transparent video screens. Immersive entertainment is combined with glare and climate control. VideowindoW creates a whole new segment, merging experience with comfort, and meets sustainability goals in a fun and exciting way.
LG STUDIO InstaView® Range with Air Sous Vide & Fry
This all-in-one 6.3 cu ft. range delivers on every level with new cooking modes built right in for multifunctional cooking in one sleek 30-inch slide-in range. Quickly Air Fry enough to feed a crowd, and Air Sous Vide cooks tender meats right in the oven. The elevated, slide-in design and InstaView® window enhance the style of your kitchen, while the PrintProof™ finish and EasyClean® cooktop and oven keep your range looking like new.
Kohler PerfectFill Smart Bath Filler and Drain
PerfectFill is a drain system that integrates a smart drain, digital/app controller and bath filler. PerfectFill technology can draw a bath to your preferred preset temperature and desired depth with a simple voice command or through the KOHLER Konnect app, reducing time spent monitoring the bath as it fills. PerfectFill is sold as a drain kit (drain assembly and controller) and is designed to be paired with a Kohler digital valve, Kohler spout (deck- or wall-mount) and compatible Kohler bath.
Moen Smart Faucet with Gesture Control
The latest advancement of Moen’s smart water technology, the Smart Faucet with Gesture Control features a newly enhanced hands-free wave sensor offering advanced touchless capabilities. With simple hand motions, users can select hot, cold, or warm water and adjust water flow –without ever touching the faucet. Part of Moen’s Smart Faucet line, it also features voice activation, and users can set presets for common commands and request exact temperatures and measurements of water. Since it’s a completely touchless experience, there are even styles available without a handle for a high-design, minimalist look.
Samsung WA7700A Top Load Washer with Auto Dispense
With the Top Load Washer, Samsung’s bringing the popular Auto Dispense feature to the top load experience, making laundry more intuitive with innovative features and a sleek, premium design. Auto Dispense adds the right amount of detergent and softener for each load, taking the guessing out of laundry, while eliminating waste. The Washer includes other essential features to deliver an efficient and powerful clean, from an Active WaterJet to prewash clothes, to a Super Speed function to reduce laundry time by up to 50%. By connecting to the SmartThings app, users can optimize their Washer settings right from their smartphones.
LG Microwave with Scan to Cook & Extendavent™ 2.0
This new 2.2 cu. ft. Wi-Fi Enabled Over-the-Range Microwave Oven with Scan to Cook & Extendavent™ 2.0 offers more interior space and clears the air by reducing smoke and lingering cooking odors.
