Tagged : Real Estate Market Update

Found 2 blog entries tagged as "Real Estate Market Update".

- For February 2022 -

The Houston real estate market continued to soar in February with year-over-year sales up in every major category, from single-family homes to country homes to townhouses. Prices also continued to rise by significant amounts in February and inventory remained historically low.

Year-over-year single-family home statistics saw huge increases across the board: sales (23 percent), average price (13 percent), and median price (19 percent). As one major indicator of the strength of the market, February single-family sales increased by at least 33 percent for every price segment of $250,000 or higher.

This strong market is widespread too, with nearly every MLS area seeing a year-over-year increase in single-family home sales

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- For January 2022 -

Simply put, we are in unprecedented times here in the Houston real estate market. We’ve been in an accelerating market since about 2013, but due to increased demand and historically low inventory, our market has really reached an entirely new level. Every major January statistic (sales, median price, average price, etc.) in every major category (single-family, townhouse, country homes, etc.) was up significantly over last year, which was the single best year we’ve ever had in the history of Houston real estate!

This boom in sales numbers and pricing is not confined to a few “hot” areas either. It really extends to all parts of the Greater Houston area, from central Inner Loop neighborhoods to far outside the loop, and

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