Real Estate Market News for September 2021

Leslie Lerner Properties

Real Estate Market News for August 2021

Housing Stats • Signs of a Bad Real Estate Agent

HOUSTON AREA HOUSING INVENTORY INCREASES WHILE SALES EASE

Although better than 2020, the Houston area housing market saw a slight decline in sales last month while there was a small uptick in supply. Sales of all property types rose 9.2 percent year-over-year. Local home sales are 17.4 percent ahead of 2020’s pace. In July, a majority of buyers were paying about .3% above list price. That dropped to .4% below list price in August.

Inventory has creeped up to a 1.9-months supply, down from 2.6 months last August. The national inventory is currently at a 2.6-months supply. Days on the market remained at 26. 

>>>Learn more about the Houston area housing market and the signs of a bad real estate agent.

 

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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