Real Estate Market News for June 2024

Leslie Lerner Properties

Real Estate Market News for June 2024

Housing Stats • Save Thousands When Buying or Selling • Leslie in Houston Agent Magazine


Houston-area single-family home sales decreased by 1.5% year-over-year in May, while month-to-month sales rose by 7.7%.Inventory levels reached their highest since before the pandemic in 2019.

The months’ supply of homes increased from 2.7 in May 2023 to 4.0 in May 2024, the highest since August 2019, which had a 4.1-month supply. Compared to April, the months’ supply of homes rose from 3.7 to 4.0. Total property sales fell by 3.1% year-over-year, and the number of available properties is 38.2% higher than this time last year.

>>>Learn more about the Houston area real estate market, how to save money when buying or selling and Leslie Lerner in Houston Agent Magazine.


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.