| Houston's biggest January home sales on record | Houston's biggest January home sales on record | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=19163 | 2018-02-24T06:00:00Z | 2018-02-24T21:50:00Z |  HOUSTON AREA – Houston Realtors experienced the strongest January home sales ever in 2018.
The Houston Association of Realtors (HAR) reported 4,469 single-family home sales in January 2018, up 8.9 percent from the 4,104 sales in January 2017. Housing inventory was unchanged from the 3.3-months supply in 2017.
Housing inventory across the U.S. currently stands at a 3.2-months supply.
The inventory of homes for sale is low, and that represents a seller’s market.
The single-family home median price rose 3.8 percent to $218,000—the highest median ever for a January.
The average price declined 2.1 percent to $270,303. The HAR sales report indicated a decrease in upper-end sales.
| realtynewsreport.com
| Houston-The Woodlands-Sugar Land
| Housing
| http://realtynewsreport.com/2018/02/15/houston-homes-sales-surge-in-the-new-year-strongest-january-ever/ | | | Check out Greater Houston Area Market Report, courtesy Clarus MarketMetrics, for cities from Alvin to Willis.
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