Real Estate Market News for October 2022

Leslie Lerner Properties

Real Estate Market News for October 2022

Housing Stats • Fall Festivals and Pumpkin Patches


Houston area single-family home sales fell 17 percent in September compared to a year earlier. On a year-to-year basis, sales are down 5.1 percent. September was the sixth month homebuying activity has declined. 

According to Houston Association of Realtors, days on market grew slightly from 31 to 37 days on a month-to-month basis, and 29 to 37 days year-over-year. Inventory is at a 2.7-months supply compared to 1.7 months a year earlier. That is the highest supply of homes on the market since July 2020. 

>>>Learn more about the Houston housing market and find the perfect fall festival or pumpkin patch.


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.