Houston Home Sales Up 6.7 Percent Last MonthHouston Home Sales Up 6.7 Percent Last Monthhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=98852015-08-13T15:38:00Z2015-08-14T00:00:00Z

The estimated time it would take to exhaust the supply of homes on the market based on the last 12 months of sales activity increased to a 3.4 months. The time it took to sell the average home was 45 days.

The median price last month was $220,000, up 8.6 percent from a year earlier. The median hit a record high in June at $225,000.

Year to date, single-family home sales were flat at 43,559, according to the data, which is based on sales handled through the Multiple Listing Service primarily in Harris, Fort Bend and Montgomery Counties.

Houston-The Woodlands-Sugar Land
http://blog.chron.com/primeproperty/2015/08/houston-home-sales-rise-with-temperatures/Read more at {Source}

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