Real Estate Market News for September – Leslie Lerner Properties – Houston Realtor

Housing Stats ∙ Post Harvey Tips ∙ Leslie Lerner Properties Saving Homeowners Money

August was a very memorable month for Houstonians. Harvey wreaked havoc on so many lives mentally and physically. Through it all, it was great to see everyone come together to help those in need.

As the days turn to weeks, many of you may have many unanswered questions. Leslie Lerner Properties is here to assist you through this difficult time and discuss your options. After careful thought, you decide to sell your existing home, or purchase a new one, Leslie Lerner Properties would greatly appreciate the opportunity to show you how to save money in the process.

Presently, many of us are scrambling to put all the pieces back together. There are many forms to fill out, and calls to be made. We are going to take this opportunity to pass along some information we have acquired that may be useful to you.


  • Take a lot of photos.
  • Document, document, document – Keep records of conversations, meetings, application submittal, etc.
  • Keep receipts.
  • File a claim with FEMA prior to October 24, 2017.
  • You have 60 days to appeal after receiving a response to your application.
  • FEMA has to respond to your appeal within 90 days of receipt.



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Houston home sales plummeted in all August across all price ranges and categories. Many sales scheduled to close at the end of the month were delayed due to Hurricane Harvey.

According to the latest monthly report prepared by the Houston Association of REALTORS® (HAR):

Month-to-Month Comparison:

CategoryJan. 2017Feb. 2017Mar. 2017Apr. 2017May 2017June 2017July 2017Aug. 2017Sept. 2017Oct. 2017Nov. 2017Dec. 2017
Total Property Sales4,9976,1118,4958,0149,7449,9938,8217,0778,1507,6147,2708,125
Total Active Listings34,95835,68537,92639,56741,25743,32644,29942,82240,84839,69237,91433,432
Single-Family Home Sales4,0804,9337,0136,5838,1568,4147,4405,9176,9136,3816,1846,875
Townhome/Condominium Sales379495652594715665572399470536481535
Single_Family Months of Inventory3.
Single-Family Pending Sales6,2866,9088,3118,3828,8088,3637,9406,2956,6067,2016,2185,413
Days on Market646660555150485054616162

Single-Family Sales by Price Range (Harris, Fort Bend, Brazoria, Montgomery & Waller Counties):

Price RangeJan. 2017Feb. 2017Mar. 2017Apr. 2017May 2017June 2017July 2017Aug. 2017Sept. 2017Nov. 2017Dec. 2017
$1 - $99,999167203217193227206202160192242247
$100,000 - $149,999575565732657776720666550587595647
$150,000 - $249,9991,3621,6842,3862,2532,7052,7612,5492,1662,5262,2692,298
$250,000 - $499,9991,1081,5392,1732,0552,5692,6522,2101,8692,1501,8492,134
$500,000 - $749,999210225368309439521396304358306369
$750,000 and above132162226253273335301222204188216

Year-to-Year Comparison:

  • Single-family home sales plunged 25.4 percent year-over-year with 5,917 units sold ;
  • Single-family home sales broken out by price range:
    • $1 – $99,999: decreased 40.0 percent
    • $100,000 – $149,999: decreased 40.0 percent
    • $150,000 – $249,999: decreased 21.7 percent
    • $250,000 – $499,999: decreased 20.6 percent
    • $500,000 – $749,999: decreased 31.9 decreased
    • $750,000 and above: decreased 17.2 percent
  • Total property sales dropped 24.2 percent with 7,077 units sold;
  • Total dollar volume fell 22.2 percent to $2.0 billion;
  • Single-family homes months of inventory grew to a 4.4-months supply;
  • Days on Market for single-family homes was unchanged at 50;
  • Townhome/condominium sales dropped 31.4 percent, with the average price down 1.1 percent;
  • Leases of single-family homes rose 9.4 percent with average rent unchanged at $1,857;
  • Volume of townhome/condominium leases jumped 17.0 percent with average rent down 2.2 percent to $1,551.

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How do our Flat Fee Listings and Rebated Commissions work?
Leslie Lerner Properties can save you money!

















  • We will rebate 1.5% of the Buyer’s Agent’s Commission if we show you 1 – 3 homes.
  • We will rebate 1% if we show you 4 – 6 homes.

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  • List Homes $300,000 – $799,999 for $4,500
  • List Homes $800,000 – $1,499,999 for $12,000
  • List Homes $1,500,000 – $1,999,999 for $25,000
  • List Homes above $2,000,000 for $30,000
  • $200,000 – $299,999 for 1.5%

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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

Leslie Lerner Properties offers all of the service for less money, when buying or selling a home.