Houston RE Market Still on Pace for RECORD Year...Again

[Jordan Decuir]

The November 2018 Houston Real Estate Market numbers are in, and we are still on pace to break 2017's record for total volume. Some key points on the Single-Family segment are:

*November '18 sales volume down 2% from Nov '17

*November '18 median price up 4.4% to $235,000 (the highest ever for a November on record)

*Year to Date, sales volume 4.6% higher compared to 2017's record volume.

*Sales of all segments grew, except homes below $150k

*Sales in the Luxury Home segment ($750k and above) were up the most, 12.3%, in November '18.

Below is the Houston Association of Realtors monthly update (with video) for more in-depth info and commentary for those who are interested: 

https://www.har.com/content/mls