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Alex Handley

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HOUSTON AREA HOME SALES EASE SLIGHTLY IN SEPTEMBER

October 14th, 2016



From MLS Report for September 2016: Unlike the temperature, single-family home sales throughout greater Houston cooled a bit in September, with a fractional 0.5 percent year-over-year decline. Homes priced between $150,000 and $500,000 saw positive sales volume while the market’s high and low ends experienced declines. Both median and average price reached record highs for a September.

According to the latest monthly report prepared by the Houston Association of REALTORS® (HAR), a total of 6,652 homes sold in September compared to 6,685 a year earlier. On a year-to-date basis, however, home sales are up 1.3 percent compared to this point in 2015. Inventory levels rose from a 3.5-months supply to 3.9 months.

The latest MLS release with September residential statistics can be found here.


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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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