Real Estate Market News for May 2021

Leslie Lerner Properties

Real Estate Market News for May 2021

Housing Stats • Property Tax Deadline • Who's Who 2021 • Memorial Day Sales Tax Holiday

BIDDING WARS AND LOW INVENTORY DEFINE THE HOUSTON AREA HOUSING MARKET

If your home is priced per market data, it won’t be on the market long. Low inventory and high demand are elevating home prices and decreasing the days on the market.

Single-family home sales are up 47.4 percent compared to last April. Overall, homes sales are 24.4 percent ahead of last year’s sales. Homes priced at $750,000 and above are 164.3 percent better than they were in 2020. Sales of all property types are up 58.3 percent.

>>>Learn more about the Houston area housing market, the property tax deadline, Who’s Who 2021 and the Memorial Day Sales Tax Holiday.

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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