Real Estate Market News for May 2023

Leslie Lerner Properties

Real Estate Market News for May 2023

Housing Stats • Property Tax Deadline • Who's Who 2023 • Memorial Day Sales Tax Holiday


As 2023 chugs along, Houston home sales continue to fluctuate. Although the Houston area has more inventory than this time last year (1.3-months), we still don’t have enough to meet demand.  Similar to last year, buyers are weary of multiple offer situations, escalating sales prices and mortgage rates.

Homes priced according to location and condition are usually only on the market a short time. Currently, the Houston area homes average 55 days on the market. It was 33 in 2022.

>>Learn more about the Houston housing market, Leslie Lerner in Houston Agent Magazine Who’s Who 2023, the property tax deadline and 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.