HOUSTON REAL ESTATE MILESTONES IN FEBRUARY • Single-family home sales increased 8.3 percent year-over-year, resulting in the market’s 33rd consecutive monthly increase; • Total property sales rose 8.9 percent compared to one year earlier; • Total dollar volume soared 22.5 percent, increasing from $1.1 billion to $1.4 billion on a year-over-year basis; • At $181,500, the single-family home median price reached the highest level for a February in Houston; • At $247,534, the single-family home average price also reached a February high; • A 2.6-month supply of inventory of single-family homes is unchanged from December but down from a 3.6-month supply in February 2013 while comparing to the national average of 4.9 months; • Sales of townhouses/condominiums grew 5.2 percent year-over-year; • Rentals of single-family homes rose 19.2 percent while rentals of townhouse/condominium units rose 4.3 percent. Source: HAR Share on facebook Share on twitter Share on email Share on print More Sharing Services 0
Posted on: Tue, 18 Mar 2014 18:09:39 +0000
Trending Topics
Recently Viewed Topics
© 2015