Real Estate Market News for March 2023

Leslie Lerner Properties

Real Estate Market News for March 2023

Housing Stats • Houston Business Journal • Houston Livestock Show and Rodeo

HOUSTON AREA HOME SALES BLOSSOM IN FEBRUARY

The Houston area housing market began to show signs of life in February. Total property sales and single-family sales were up on a month-to-month basis, but were down year-over-year. Single-family sales fell 23 percent compared to February 2022. That marks the 11th consecutive month decline. Hopefully, we will continue trending upward in the coming months.

Months of inventory decreased to 2.6 and days on market grew to 63. It was 42 days in February 2022.

 

>>>Learn more about the Houston housing market, Houston Business Journal and the Houston Livestock Show and Rodeo.

 

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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