Houston home prices fall in 2Q 2016Houston home prices fall in 2Q 2016https://www.recenter.tamu.edu/news/newstalk-texas/?Item=141962016-08-17T05:00:00Z2016-08-17T16:00:00Z

​​HOUSTON - Houston was among 29 metro areas of 178 tracked where home prices fell in second quarter 2016, the National Association of Realtors reported.

The median existing single-family home price in Houston fell by 1.7 percent to $217,400 during 2Q 2016, down from $221,100 during the same period in 2015. 

H​ouston-area home prices still are higher than last year's median price of $213,400 and well above the median prices of $198,400 in 2014 and $181,300 in 2013.

They are below the national median price of $240,700, 4.9 percent higher than in 2Q 2015.

The local Houston Association of Realtors, meanwhile, reported a median home price of $230,000 in July. 

The price, which factors in a small number of new homes, was a record for a July. Excluding new houses, the median price in Houston rose to $217,500 in July. ​
Houston Chronicle
Houston-The Woodlands-Sugar Land

​See Houston housing Market Research.​

Read more at the {Source}

 Search NewsTalk Texas