Single family home sales coasted through October as inventory decreased to a 2.4-months supply. Inventory has not been this low since December 2014. The national average is 2.7 months. Last October there was a 3.8-months supply. The total days on market dropped to 46. Last year it was 59 days.
|Category||Jan. 2020||Feb. 2020||Mar. 2020||Apr. 2020||May 2020||June 2020||July 2020||Aug. 2020||Sept. 2020||Oct.|
|Total Property Sales||5,800||7,393||8,965||7,192||7,917||11,153||13,043||11,121||11,137||11,232||9,660||11,572|
|Total Active Listings||39,699||40,091||40,932||41,151||39,516||36,901||36,055||34,181||32,047||31,384||29,948||26,821|
|Single-Family Home Sales||4,699||6,044||7,566||6,199||6,671||9,328||10,917||9,195||9,101||9,287||7,990||9,652|
|Single-Family Months of Inventory||3.5||3.5||3.5||3.6||3.5||3.2||3.0||2.8||2.5||2.4||2.2||1.9|
|Single-Family Pending Sales||7,212||8,547||7,885||7,125||10,559||11,610||11,185||10,598||9,507||9,680||8,265||7,469|
|Days on Market||68||68||65||58||58||56||56||51||51||47||46||46|
|Price Range||Jan. 2020||Feb. 2020||Mar. 2020||Apr. 2020||May 2020||June 2020||July 2020||Aug.|
|$1 - $99,999||109||107||97||82||98||92||100||79||70||85||60||85|
|$100,000 - $149,999||277||328||361||258||301||346||316||253||294||278||221||268|
|$150,000 - $249,999||1,757||2,131||2,688||2,180||2,309||2,927||3,406||2,845||2,932||2,907||2,397||2,925|
|$250,000 - $499,999||1,461||2,056||2,547||2,200||2,278||3,403||4,157||3,464||3,416||3,472||3,216||3,887|
|$500,000 - $749,999||226||277||402||324||342||548||766||613||580||611||515||650|
|$750,000 and above||124||161||258||191||157||282||424||398||355||393||335||443|
If you are in the market for a new home, purchasing prior to December 31, 2020 can save you money. Buyers that close before the end of the year are qualified to apply for a homestead exemption at the beginning of 2021. If you do not close by December 31st, you cannot apply until January 2022.
Please remember, Leslie Lerner Properties can also save you money by offering flat fee listings and rebated commissions.
Many events have been canceled this year, but there are still plenty to enjoy in person or virtually.
RUN / WALKS
BakerRipley Houston Turkey Trot – November 26, 2020 – Virtual
The BakerRipley Houston Turkey Trot will include three separate races. You can pick where you want to run and when you want to run. All participants will receive a medal. By running in any of the race events you are supporting nearly 600,000 men, women, children and seniors earn, learn, and belong.
2020 Jingle Bell Run – Sugar Land – December 11 – 13, 2020 – Virtual
2020 Jingle Bell Run – The Woodlands – December 11 – 13, 2020 – Virtual
Though the Arthritis Foundation’s 2020 Jingle Bell Run is going virtual, don’t let that stop you from jingling. Join the original festive race for charity from anywhere! Whether you want to run your favorite 5K route, challenge yourself to something new or get moving on your treadmill, you can strut your stuff and FEEL GOOD about DOING GOOD. Let’s jingle all the way to a cure together and have a great time along the way! Get your jingle on and spread the Spirit of Yes: Yes to celebrating the arthritis community. Yes to living life to the fullest. And Yes to conquering arthritis for good.
Santa Hustle – December 1 – 31, 2020 – Galveston – Virtual
Santa Claus is an incredible man but unfortunately, he can’t be everywhere at once. However, he does want you to be a part of the jolliest race series of the year! So why not run virtually? The Virtual Santa Hustle® can be 3.1, 6.2 miles, 13.1 miles, or even 26.2 miles at your choice of location, any duration of time, during the designated dates.
HOLIDAY FESTIVALS, EXHIBITIONS, EVENTS & FAMILIY ACTIVITIES
Nutcracker Market – November 11 – December 11, 2020 – Virtual
Houston Ballet Nutcracker Market has become the signature holiday fundraising shopping event in Texas that kicks off the holiday season! It is a one-stop shop featuring over 260 merchants, offering unique items for everyone, including home décor, gifts, food, apparel, toys, accessories and more. It is the best way to shop and give back during the holidays, as proceeds from each admission and special event ticket that is purchased, plus 11% of all the merchandise you buy, goes back to Houston Ballet Foundation.
Brew Lights – November 12, 2020 – Houston Zoo
Enjoy Zoo Lights without the kids! Stroll through the Zoo with your favorite Saint Arnold brew, glass of wine, or spiked hot chocolate during this 21 & up event. Your general admission includes two free drink tickets.
Frostival – November 12, 2020 – Virtual
The annual celebration of the opening of The Ice powered by Green Mountain Energy will be held virtually this year. It will feature an ice carving demonstration by Reverend Butter and a behind-the-scenes look at how the ice is made.
The ICE at Discovery Green – November 13, 2020 – January 31, 2021 – Discovery Green
The ICE at Discovery Green® powered by Green Mountain Energy uses recycled water from Kinder Lake to create a 7,716 square-foot ice skating surface, making it the largest outdoor skating rink in the Southwest.
Zoo Lights – November 14, 2020 – January 10, 2021 – Houston Zoo
The Houston Zoo transforms into a winter wonderland, filled with brilliant displays of colorful lights and festive holiday music.
Festival of Lights – November 21, 2020 – January 2, 2021 – Moody Gardens
Enjoy a festive stroll along this mile-long trail featuring more than two million lights and lighted scenes themed to holiday music that take you around the Moody Gardens property with spectacular views of Galveston Bay. Stops along the way bring you to see Star the Dancing Tree of Light, concession areas, hot chocolate, fireside S’mores and other festive foods, Mistletoe, along with plenty of photo and selfie opportunities!
Dickens On the Strand – December 5 – 6, 2020 – Galveston
This year finds the beloved annual event in a new configuration while addressing the ongoing impact of COVID-19. Each square will feature entertainment, Dicken’s pubs, and food options with a specially designed holiday market on Pier 21. The market features numerous craft, food, and holiday vendors that guests seek out each year. Additionally, the 2020 event will feature a select number of specially ticketed private events at numerous GHF sites, all following similar safety protocols.