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Houston housing sales break recordsHouston housing sales break recordshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=206072018-07-12T05:00:00Z2018-07-12T18:00:00Z

​HOUSTON – In June, the metro saw the greatest one-month sales ​volume​ of all time, reports the Houston Association of Realtors (HAR). ​​​

Area agents sold 8,518 single-family homes last​ month compared to the last record high of 8,367 in June 2017. That's a 1.8 percent increase. 

Single-family median home prices also hit a record high, climbing 2.6 percent over the year to $245,000. The average price was $316,463, up 4.3 percent and breaking another record. 

Here are other stats from HAR's report:​​​

  • In June 2018, there were 40,198 active listings in the area, down 3.9 percent over the year. 

  • Total dollar volume traded was over $3 billion, up 6.6 percent. 

  • The metro had 4.1 months of single-family inventory. The Real Estate Center considers a six- to 6.5-month supply a balanced market. 

  • Pending sales climbed 10.2 percent to 8,396 last month. ​

Houston Association of Realtors
Houston-The Woodlands-Sugar Land
Housing
https://www.har.com/content/mls/?m=07&y=18Read more at {Source}

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