Even though the numbers didn’t increase by much, sales perked up during February. This time last year, we were still dealing with Covid and the freeze. We should feel very fortunate that all of that is behind us. Hopefully we are off to a good start.
Single-famiily home sales were 22.9 percent better this year than February of 2021. They were 23.3 percent better than 2020.
The Houston area dropped to a 1.3 months supply of homes in February. The lack of inventory is definitely causing a lower number of sales and rising prices. Bidding wars are very common.
Days on market climbed to 41 days. This is the highest it has been since April 2021.
Per HAR/MLS:
| Category | Jan. 2021 | Feb. 2021 | Mar. 2021 | Apr. 2021 | May 2021 | June 2021 | July 2021 | Aug. 2021 | Sept. 2021 | Oct. 2021 | Nov. 2021 | Dec. 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Property Sales | 7,519 | 7,464 | 11,692 | 11,348 | 12,100 | 12,100 | 12,383 | 12,036 | 11,285 | 10,756 | 10,216 | 11,432 |
| Total Active Listings | 26,271 | 23,933 | 22,602 | 22,794 | 22,607 | 22,607 | 27,268 | 27,555 | 27,238 | 26,851 | 25,016 | 22,496 |
| Single-Family Home Sales | 6,088 | 6,049 | 9,347 | 9,105 | 9,702 | 9,702 | 10,159 | 9,890 | 9,226 | 8,703 | 8,320 | 9,272 |
| Townhome/Condominium Sales | 450 | 485 | 788 | 817 | 835 | 887 | 827 | 789 | 729 | 681 | 679 | 805 |
| Single-Family Months of Inventory | 1.8 | 1.6 | 1.4 | 1.4 | 1.4 | 1.4 | 1.8 | 1.9 | 1.8 | 1.8 | 1.6 | 1.4 |
| Single-Family Pending Sales | 8,809 | 8,288 | 11,182 | 11,140 | 10,909 | 10,909 | 10,368 | 10,431 | 9,540 | 9,492 | 9,069 | 7,527 |
| Days on Market | 48 | 48 | 45 | 40 | 34 | 34 | 26 | 26 | 29 | 32 | 35 | 37 |
| Price Range | Jan. 2021 | Feb. 2021 | Mar. 2021 | Apr. 2021 | May 2021 | June 2021 | July 2021 | Aug. 2021 | Sept. 2021 | Oct. 2021 | Nov. 2021 | Dec. 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1 - $99,999 | 56 | 53 | 60 | 48 | 53 | 50 | 46 | 52 | 61 | 51 | 47 | 39 |
| $100,000 - $149,999 | 213 | 170 | 215 | 182 | 179 | 170 | 175 | 171 | 158 | 136 | 150 | 122 |
| $150,000 - $249,999 | 1,894 | 1,724 | 2,373 | 2,272 | 2,065 | 2,115 | 2,030 | 2,003 | 1,947 | 1,723 | 1,549 | 1,675 |
| $250,000 - $499,999 | 2,343 | 2,432 | 3,930 | 4,153 | 4,264 | 4,836 | 4,712 | 4,562 | 4,395 | 4,178 | 4,065 | 4,617 |
| $500,000 - $749,999 | 357 | 423 | 789 | 819 | 915 | 1,059 | 960 | 891 | 796 | 751 | 747 | 936 |
| $750,000 and above | 214 | 267 | 478 | 513 | 598 | 689 | 586 | 487 | 436 | 430 | 441 | 520 |
Last month we highlighted some innovated products that were showcased at the 2022 Consumer Electronics Show. Here are a few more that might be of interest.
Niro®2 Wifi Garage Controller Camera
Apollo Tech USA Inc.
The Niro®2 is a wifi garage controller with an added functionality of the a 2K wifi camera. Open and close your garage door directly through the app from your smart phone and stream live in 2K HD resolution. Advanced features such as human shape detection, LED light, and auto motion tracking makes it the perfect home security product for a home.
eufy Security Floodlight Cam 2 Pro
Ankar Innovations Limited
Homeowners can take control and give themselves 360° of protection with eufy Security Floodlight Cam 2 Pro. With pan and tilt, consumers can get peace of mind by rotating Floodlight Cam 2 Pro in a full circle and blasting 3,000 ANSI Lumens of brightness without a single blind spot. When something triggers Floodlight Cam 2 Pro, the smart subject lock and tracking follows any suspicious activity. Homeowners can then review tiny details with 2K resolution. The light color temperature is also adjustable to provide the most optimal and aesthetically pleasing viewing.
Samsung’s 2021 Eco Remote Control revolutionized the TV remote control with an energy-efficient design and solar-cell functions that replaced the need for disposable batteries with a rechargeable battery. The 2022 Eco Remote will go a few leaps further with all-new radio frequency (RF) energy harvesting technology to generate electrical energy from RF signals in the air and removal of even the rechargeable batteries. The all-new Eco Remote truly showcases Samsung’s efforts for innovation and conservation one click at a time.
SpatialTouch™ Home
Vtouch, Inc
SpatialTouch™ is a technology that analyzes users’ body movements with a TOF sensor, allowing them to pinpoint where they are pointing and select that precise point. It completely replaces traditional remotes and switches and lets you control any devices, displays and even things in your home from a distance simply by pointing at them with your finger. It’s not a traditional motion-based gesture controller. It offers a truly touch-like interface for a 3D space and with SpatialTouch™ you can make any real-world objects interactive and you can directly select and control them as well as set them as hyperlink shortcuts.
Ultraloq U-Bolt Ultra Facial ID WiFi Smart Lock
U-Tec Group, Inc.
Ultraloq U-Bolt Ultra is the first ever smart lock with Facial ID, built-in WiFi and a door sensor for maximum security and convenience. Facial ID lets you securely unlock your door with just a glance. It has multiple ways to unlock: Facial ID, anti-peep code, Auto Unlock, smartphone app and a mechanical key. The built-in WiFi allows you to lock or unlock your door, check if your door is locked and closed, view access history and share temporary codes or Ekeys to your guests from your smartphone from anywhere with no extra hub required.
