Tag Archives: Houston Homes Market

12 Feb
Another Look At December 2015 Home Sales

Those of you who pay close attention to the market will have noticed that HAR’s press release showed December performing much worse. The release indicated December single family home sales were 5,879 a 10% decline from December 2014. HAR uses estimates for their press release. I understand they will adjust the number of actual single family home sales to be slightly higher than I predicted in my posy January 13.

25 Aug
Sweet Spot in West University/Southside Place Is Under $2 million

The number of homes in West University/Southside Place priced between $1 million and $2 million increased from 9 in July 2014 to 17 in July 2015. There is only 2.3 months inventory for this price bracket, a strong Seller’s market. However, the inventory level for homes in West University/Southside Place priced over $2 million stands as 10.4 months, a strong Buyer’s market. The number of homes sold in this price range declined from 3 in July 2014 to 1 in July 2015.

20 Aug
It Is A Buyer’s Market For Homes Above $500,000 In Houston

As reported earlier, Houston Single Family home sales in July increased 6.7% over July 2014 and set an all time record for number of homes sold in a single month. In absolute terms the increase was 511 more homes sold in July 2015. However, the increase was not across the entire price spectrum. The number of homes sold priced under $250,000 actually declined 4.3% compared to July 2014.

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