Houston home sales increase in February


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If you’ve purchased a pricey home or condo, or you’re considering buying a property in the overheated Los Angeles housing market, San Francisco housing market or those in New York, Seattle, San Jose, San Diego, Portland, Austin, Houston, Charlotte, Miami, Dallas, or other hot real estate markets, you’re likely feeling some nerves of late.

Houston Real Estate trends feb 2017 update: home sales And Pricing Continue To Rise. February sales of all property types in Houston totaled 6,111, up 7.1 percent from the same month last year. Total dollar volume for properties sold in February shot up 13.1 percent to $1.6 billion.

In October alone, 6,381 homes were sold in the Houston Real Estate Market, an increase of 7.5% over the same period of time last year. Agents are not only selling houses at a faster rate, but they are also commanding a higher price for their sales.

The Houston housing market started off with high sales volume for the beginning of the year. Strains in the energy industry did not hinder the housing market as January 2016’s sales were only 2%.

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The Houston Ship Channel is experiencing tremendous growth. The Houston region, the country's No. 1 region for exports, is home to the largest petrochemical.

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January single-family home sales were down 2.1 percent versus January 2015 with a total of 4,024 sales compared to 4,109 a year earlier, HAR reported. The couple, both 30, made an offer immediately and closed at the end of February. s overall resiliency. Houston buyers closed on 83,509 single-family homes last year, a 4.8 percent increase from.

Contents Existing home sales Facilitating real-time data sharing Pending home sales index decreased Homes sales price February 2019 outlook Median existing-home price 2 Existing-home sales in the South increased 2.8 percent to an annual rate of 2.17 million in October, and are now 5.3 percent above October 2013.