From the Houston MLS Report for April - The Houston housing market saw across-the-board gains in April, with single-family home sales, total property sales, total dollar volume and pricing all up compared to April 2014.
Month-end pending sales for all property types totaled 6,717, a 39.8 percent increase versus one year earlier. Active listings, or the number of available properties, at the end of April rose 4.9 percent to 29,486.
Houston’s housing inventory grew slightly in April to a 2.9-months supply versus the 2.6-months supply of one year earlier. That matches the inventory level from September 2014. According to the National Association of Realtors, the current supply of homes nationally stands at a 4.6-months supply.