Real Estate Market News for January 2022

Leslie Lerner Properties

Real Estate Market News for January 2022

Housing Stats • Buying or Selling • Homestead Exemption


Despite the second year of the pandemic, Houston area home sales continued to thrive. Single-family home sales surpassed 2020’s volume by more than 10 percent.  Sales of all property types for the year were up 13.3-percent from 2020. This is only the third time in history that total property sales surpassed the 100,000 level. 

In December, single-family home sales declined on a year-to-year and monthly basis. Sales fell 4.5 percent compared to last December. Homes priced $150,000 and higher experienced a little burst in sales compared to November.

Days on market inched up to 37, while inventory dropped to a 1.4-months supply. Last December the Houston area had a 1.8-months supply.  Housing inventory across the U.S. currently stands at a 2.1-months supply.

>>>Learn more about buying and selling with Leslie Lerner Properties as well as the homestead exemption.


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.