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.