The latest MLS release with December/Full-Year 2016 residential sales statistics
The Houston housing market set a new record for home sales, an increase of 3.0 percent from 2015 and is 1.3 percent above the previous record. Total dollar volume for properties sold in 2016 rose 4.2 percent to $24.5 billion. However, with the increased pace of home sales, inventory levels retreated, ending the year exactly where they began – at a 3.3-months supply. December single-family home sales rose 5.3 percent to 6,628 versus December 2015. As with the luxury market, homes priced between $150,000 and $500,000 enjoyed double-digit year-over-year sales gains in December. Total property sales for the month climbed 5.1 percent to 7,868. Click this link for more details https://www.har.com/content/mls/?m=1&y=17&utm_source=HAR%2FMLS+Master+List&utm_campaign=c7adc96024-December+2016-MLS+Release&utm_medium=email&utm_term=0_5c0a7c027d-c7adc96024-250825586
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