Real Estate Market News for September 2022

Leslie Lerner Properties

Real Estate Market News for September 2022

Housing Stats • Houston Agent Magazine • Signs of a Bad Real Estate Agent


Houston area single-family home sales fell 16.9 percent in August compared to a year earlier. August sales are down 5.0 percent compared to three years ago.

According to Houston Association of Realtors, days on market grew slightly, from 26 to 31 days on a month-to-month basis and from 27 to 31 days year-over-year. . Inventory is at a 2.5-months supply compared to 1.7 months a year earlier. This is the greatest supply of homes on the market since August 2020. The current national inventory stands at 3.3 months.

>>>Learn more about the Houston area housing market and 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.