Houston's biggest January home sales on recordHouston's biggest January home sales on recordhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=191632018-02-24T06:00:00Z2018-02-24T21:50:00Z

​​Houston Realtors experienced the strongest January home sales ever in 2018.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.

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Check out ​Greater Houston Area Market Report, courtesy Clarus MarketMetrics​, for cities from Alvin to Willis. 

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