The Houston area housing market did not start the year with fireworks. Hopefully, we will enjoy a more robust market later in the year.
January marked the tenth consecutive month of declining sales. Year-over-year single-family home sales fell 29.9 percent. Months of inventory remained at 2.7 and days on market grew to 59 days.
Per HAR/MLS:
| Category | Jan. 2023 | Feb. 2023 | Mar. 2023 | Apr. 2023 | May 2023 | June 2023 | July 2023 | Aug. 2023 | Sept. 2023 | Oct. 2023 | Nov. 2023 | Dec. 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Property Sales | 5,650 | 6,981 | 9,589 | 8,912 | 10,476 | 10,382 | 9,223 | 9,780 | 8,550 | 7,825 | 7,472 | 7,395 |
| Total Active Listings | 33,606 | 33,109 | 33,442 | 33,203 | 33,919 | 36,431 | 37,079 | 38,439 | 39,632 | 40,630 | 40,724 | 38,028 |
| Single-Family Home Sales | 4,549 | 5,723 | 7,907 | 7,310 | 8,637 | 8,582 | 7,557 | 7,983 | 6,886 | 6,377 | 6,154 | 6,103 |
| Townhome/Condominium Sales | 352 | 441 | 552 | 577 | 670 | 687 | 645 | 610 | 552 | 497 | 463 | 435 |
| Single-Family Months of Inventory | 2.7 | 2.6 | 2.7 | 2.7 | 2.8 | 3.1 | 3.2 | 3.3 | 3.5 | 3.6 | 3.5 | 3.3 |
| Single-Family Pending Sales | 7,167 | 7,546 | 9,043 | 8,988 | 9,146 | 8,634 | 8,447 | 7,842 | 6,676 | 6,669 | 6,069 | 5,723 |
| Days on Market | 59 | 63 | 62 | 55 | 48 | 45 | 42 | 42 | 45 | 47 | 47 | 56 |
| Price Range | Jan. 2023 | Feb. 2023 | Mar. 2023 | Apr. 2023 | May 2023 | June 2023 | July 2023 | Aug. 2023 | Sept. 2023 | Oct. 2023 | Nov. 2023 | Dec. 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1 - $99,999 | 25 | 20 | 44 | 22 | 29 | 29 | 35 | 24 | 26 | 24 | 28 | 37 |
| $100,000 - $149,999 | 78 | 89 | 104 | 88 | 97 | 106 | 94 | 112 | 111 | 93 | 79 | 83 |
| $150,000 - $249,999 | 766 | 916 | 1,125 | 998 | 1,072 | 1,007 | 891 | 1,053 | 892 | 909 | 872 | 797 |
| $250,000 - $499,999 | 2,179 | 2,488 | 3,788 | 3,514 | 4,150 | 4,175 | 3,667 | 3,851 | 3,265 | 3,089 | 3,078 | 3,055 |
| $500,000 - $749,999 | 436 | 554 | 851 | 830 | 1,044 | 1,058 | 908 | 921 | 773 | 639 | 648 | 640 |
| $750,000 and above | 220 | 276 | 466 | 492 | 634 | 654 | 544 | 539 | 431 | 386 | 352 | 346 |
The 2023 Consumer Electronics Show (CES) was buzzing this year with the first fully in-person event in two years. Exhibitors provided an early look at the latest developments in TVs, laptops, smart home gadgets, phones, monitors, cars, and more.
Below are some new devices that received innovation awards.
LG OLED, considered the most evolved display technology on the planet, delivers stunning pictures with absolute blacks and incredible contrast from any vantage point. Self-lighting pixels, which can be turned on and off individually, help make images incredibly lifelike. Without the need for a backlight, LG OLED displays are thin, lightweight and bendable.
he Moen Smart Sprinkler Controller and Smart Wireless Soil Sensors make watering routines easier and more convenient than ever – all through an app. The Smart Sprinkler System is simple to install and use, and delivers ultimate control without wasting a drop. Features such as independent zone control, custom schedules, weather skip and seasonal adjustments take the guesswork out of lawn care. It reduces waste and keeps landscaping happy and healthy with automated routines that provide water where and when it’s needed.
The Stillness™ freestanding bath brings together water, light, fog, and aromas to create an immersive journey of the senses designed to relax the mind, soothe the body, and renew the spirit. It starts with water filling from the bottom of the bath, overflowing into the Hinoki wood moat to create a soothing sound. Full spectrum lighting surrounds the bath, creating a chromatherapy experience. Fog envelopes the surface of the water, immersing the bather, and essential oils can be added into the bath’s experience tower which emits aromas to stimulate the senses and promote focus. Every element is customizable through the KOHLER® Konnect™ app for intuitive control.
Aiper Seagull Pro Cordless Robotic Pool Cleaner
The Seagull Pro is a cordless, robotic pool cleaner with a powerful quad-motor system to provide a deep, efficient clean for in-ground or above-ground pools up to 4300 sq. ft. Complete with intelligent path cleaning, a run time of up to 3.5 hours, and a rapid charge time of 90 minutes, the product provides a comprehensive deep clean for your pool’s floor, walls and waterline with extreme efficiency.
The Bartesian Duet cocktail maker offers the craft cocktail experience, complete with quality ingredients and your favorite brands of spirits. Simply fill the Bartesian Duet cocktail maker with your favorite brands of spirits and water. Refillable spirit reservoirs allow you to craft premium mixologist-crafted cocktails with up to two spirits at a time. Then insert one of your favorite your desired Bartesian capsules – choosing from more than 50+ cocktail varieties containing all the premium bitters, extracts, juices, and mixers for a perfectly balanced cocktail. With the Bartesian Duet you can customize the pour strength of your drink from mocktail to strong, then simply press ‘Mix’ to enjoy a perfectly crafted cocktail – no need to measure or pour individual ingredients!!
The NylonBlack line of toothbrushes is for people who do not brush their teeth properly, adults or children. The Y-Brush NylonBlack Toothbrush is an innovative toothbrush capable of brushing teeth effectively in 10 seconds.
Using sonic vibrations and a ultraflexible Y-shaped brush with 35,000 nylon bristles, it is able to effectively brush all teeth at once instead of brushing them one by one. Co-developed with dentists, independent clinical studies show that it’s exactly as effective as a good 2-minute brushing… in few seconds.
