Real Estate Market News for July 2023

Leslie Lerner Properties

Real Estate Market News for May 2023

Housing Stats • Consequence of Deferred Maintenance

NOT MUCH CHANGE IN HOUSTON AREA HOME SALES

Houston home sales have remained steady on a month-to-month basis, although June marked the 15th consecutive month of negative sales with single-family home sales falling 12.8 percent year-over-year.  Months supply of homes climbed to 3.1, the highest level since June 2020.

Days on market has been declining on month-to-month basis since January.  It took 45 days to sell a home in June versus 48 in May. It was 28 days in June 2022.

>>Learn more about the Houston housing market and deferred maintenance.

 

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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