NEW DATA FOR READERS
Each month, Leslie Lerner Properties sends newsletters reporting housing statistics per the Houston Association of REALTORS® monthly report. Every time the report is sent, we are curious to see monthly versus yearly comparisons. Due to this curiosity and desire to truly inform buyers and sellers, we have taken the HAR monthly report a bit further, and started examining monthly data.
Below you will find tables outlining current monthly statistics, along with HAR’s year-to-year report. We hope you will find this information as informative as we do. We always want our buyers and sellers to have a true vision of the current market.
If there is other data you would like to see in the future, please let us know.
HOUSTON HOME SALES IMPROVED IN FEBRUARY
Houston home sales perked up in February with year-over-year and monthly gains. Sales in each price category either remained steady or increased, which is good news for our local market.
Single-family homes inventory remained the same at 3.5-months supply versus 3.4 months last year. Across the U.S., inventory is at a 3.6 months supply. The average days on the market grew to 66 days.
According to the latest monthly report prepared by the Houston Association of REALTORS® (HAR):
|Category||Jan. 2017||Feb. 2017||Mar. 2017||Apr. 2017||May 2017||June 2017||July 2017||Aug. 2017||Sept. 2017||Oct. 2017||Nov. 2017||Dec. 2017|
|Total Property Sales||4,997||6,111||8,495||8,014||9,744||9,993||8,821||7,077||8,150||7,614||7,270||8,125|
|Total Active Listings||34,958||35,685||37,926||39,567||41,257||43,326||44,299||42,822||40,848||39,692||37,914||33,432|
|Single-Family Home Sales||4,080||4,933||7,013||6,583||8,156||8,414||7,440||5,917||6,913||6,381||6,184||6,875|
|Single_Family Months of Inventory||3.5||3.5||3.8||4.0||4.1||4.4||4.5||4.4||4.1||3.9||3.7||3.2|
|Single-Family Pending Sales||6,286||6,908||8,311||8,382||8,808||8,363||7,940||6,295||6,606||7,201||6,218||5,413|
|Days on Market||64||66||60||55||51||50||48||50||54||61||61||62|
Single-Family Sales by Price Range:
|Price Range||Jan. 2017||Feb. 2017||Mar. 2017||Apr. 2017||May 2017||June 2017||July 2017||Aug. 2017||Sept. 2017||Nov. 2017||Dec. 2017|
|$1 - $99,999||167||203||217||193||227||206||202||160||192||242||247|
|$100,000 - $149,999||575||565||732||657||776||720||666||550||587||595||647|
|$150,000 - $249,999||1,362||1,684||2,386||2,253||2,705||2,761||2,549||2,166||2,526||2,269||2,298|
|$250,000 - $499,999||1,108||1,539||2,173||2,055||2,569||2,652||2,210||1,869||2,150||1,849||2,134|
|$500,000 - $749,999||210||225||368||309||439||521||396||304||358||306||369|
|$750,000 and above||132||162||226||253||273||335||301||222||204||188||216|
>>>Read the entire release.
More Smart Products from CES 2017
There were so many neat things at CES this year, I thought I would share a few more that may interest you.
LESLIE LERNER PROPERTIES WILL:
If you think it is time to buy or sell a home, remember to call Leslie Lerner Properties at 713.489.9900. Leslie Lerner Properties is the Home of Flat Fee Listings and Rebated Commissions. A great amount of information can be found at www.LeslieLernerProperties.com. Leslie Lerner Properties offers all of the service for less money, when buying or selling a home.