All Forum Posts by: Jhoana Olarte

• Single-family home sales increased for the ninth consecutive month, up 1.2 percent year-over-year with 6,049 units sold;
• The Days on Market (DOM) figure for single-family homes dropped from 68 to 48;
• Total property sales rose 1.9 percent with 7,464 units sold;
• Total dollar volume jumped 17.3 percent to $2.4 billion;
• The single-family average price reached a record high, rising 16.2 percent to $349,963;
• The single-family median price climbed 12.6 percent to $275,900 – also a record high;
• Single-family homes months of inventory registered an historic low 1.6-months supply, down from 3.3 months before the pandemic and below the national inventory of 1.9 months;
• Townhome/condominium sales rose 4.1 percent with the average price up 1.4 percent to $219,326 and the median price up 1.0 percent to $178,700;
• Single-family home rentals fell 26.1 percent with the average rent up 8.7 percent to $1,924;
• Townhome/condominium leases dropped 15.7 percent with the average rent up 1.9 percent to $1,637.

• Single-family home sales increased for the eighth consecutive month, surging 27.7 percent year-over-year with 6,088 units sold;
• The Days on Market (DOM) figure for single-family homes dropped from 69 to 48;
• Total property sales shot up 27.5 percent with 7,519 units sold;
• Total dollar volume jumped 42.8 percent to $2.3 billion;
• The single-family average price reached a January high, rising 12.5 percent to $326,063;
• The single-family median price climbed 12.1 percent to $263,500 – also a January high;
• Single-family homes months of inventory registered a record low 1.8-months supply, down from 3.3 months before the pandemic and below the national inventory of 1.9 months;
• Townhome/condominium sales rose 12.5 percent with the average price up 12.4 percent to $211,188 and the median price up 17.0 percent to $175,500;
• Single-family home rentals fell 18.4 percent with the average rent up 6.0 percent to $1,889;
• Townhome/condominium leases dropped 6.3 percent with the average rent up 0.9 percent to $1,607.

• Despite a devastating global pandemic, 2020 proved to be a record year for Houston real estate with 96,151 single-family homes sold versus 86,996 in 2019, the last record-setting year. That represents an increase of 10.5 percent;
• Total dollar volume for full-year 2020 rose 18.1 percent to a record-setting $35.3 billion;
• December single-family home sales jumped 25.5 percent year-over-year with 9,652 units sold;
• Total December property sales increased 27.2 percent to 11,572 units;
• Total dollar volume for December soared 39.3 percent to $3.9 billion;
• At $273,443, the single-family home median price rose 8.7 percent, establishing a new record high;
• The single-family home average price climbed 11.4 percent to an all-time high of $347,164;
• Single-family homes months of inventory narrowed sharply to a record low 1.9-months supply;
• Townhome/condominium sales rose 10.9 percent year-over-year with the average price unchanged at $227,856 and the median price down 2.7 percent to $180,000;
• Leases of single-family homes fell 14.5 percent with average rent up 7.5 percent to $1,899;
• Leases of townhomes/condominiums climbed 13.1 percent with average rent up 3.6 percent to $1,641.
• rage rent up 7.5 percent to $1,899;
  

• Single-family home sales increased for a sixth consecutive month, surging 25.6 percent year-over-year with 7,990 units sold;

• The Days on Market (DOM) figure for single-family homes dropped from 59 to 46;• Total property sales shot up 28.1 percent with 9,660 units sold;

• Total dollar volume jumped 43.9 percent to $3.1 billion;• The single-family average price achieved a record high, rising 15.0 percent to $341,765; 

• The single-family median price climbed 12.0 percent to $270,000 – the second highest median price of all time; 

• Single-family homes months of inventory registered a 2.2-months supply, down from 3.6 months last November and below the national inventory of 2.5 months;

• Townhome/condominium sales jumped 23.4 percent with the average price up 2.5 percent to $224,130 and the median price up 11.8 percent to $190,000;

• Single-family home rentals fell 11.1 percent with the average rent down 5.5 percent to $1,882; 

• Townhome/condominium leases declined 4.0 percent with the average rent up 11.5 percent to $1,674.

• Single-family home sales increased for a fifth consecutive month, surging 29.2 percent year-over-year with 9,287 units sold

• The Days on Market (DOM) figure for single-family homes lowered from 59 to 47 days

• Total property sales shot up 31.5 percent with 11,232 units sold

• Total dollar volume jumped 46.1 percent to $3.5 billion

• The single-family home median price climbed 11.1 percent to $266,685 – the highest median price for an October

• The single-family home average price increased 12.4 percent to $334,996 – the highest average price for an October

• Single-family homes months of inventory registered a 2.4-months supply, down from 3.8 months last October and below the national inventory level of 2.7 months. The last time inventory was that low was in December 2014

• Townhome/condominium sales jumped 28.3 percent, with the average price up 10.8 percent to $220,326 and the median price up 8.2 percent to $178,000

• Single-family home rentals fell 5.1 percent with the average rent up 6.2 percent to $1,907

• Townhome/condominium leases jumped 11.0 percent with the average rent up 3.5 percent to $1,595

Houston Real Estate Highlights in August

• Following a record-setting performance in July, single-family home sales held to positive territory again in August, rising 6.0 percent year-over-year with 9,195 units sold;
• The Days on Market (DOM) figure for single-family homes lowered from 53 to 51 days;
• Total property sales rose 7.3 percent with 11,121 units sold;
• Total dollar volume jumped 13.4 percent to $3.5 billion;
• The single-family home median price rose 7.6 percent to $269,000 – the second highest median price of all time;
• The single-family home average price increased 7.8 percent to $334,256 – the second highest average price in history;
• Single-family homes months of inventory registered a 2.8-months supply, down from 4.1 months last August and below the national inventory level of 3.1 months;
• Townhome/condominium sales rose 1.3 percent, with the average price up 4.5 percent to $216,733 and the median price up 1.7 percent to $175,000;
• Single-family home rentals dropped 13.3 percent with the average rent up 2.3 percent to $1,961;
• Townhome/condominium leases fell 13.7 percent with the average rent up 1.0 percent to $1,654.

Houston Association of Realtors

• Following a strong performance in June, single-family home sales soared into record-setting territory in July, leaping 23.0 percent year-over-year with 10,975 units sold – a record one-month sales volume;
• The Days on Market (DOM) figure for single-family homes expanded from 51 to 56 days;
• Total property sales soared 25.0 percent with a record-setting 13,043 units sold;
• Total dollar volume shot up 33.8 percent to $4.1 billion;
• The single-family home median price set a new record high of $271,830 as it rose 8.7 percent year-over year;
• The single-family home average price jumped 8.5 percent to $338,350 – also an historic high;
• Single-family homes months of inventory was at a 3.0-months supply, down from 4.2 months last July and below the national inventory level of 4.0 months;
• Townhome/condominium sales were flat, with the average price up 9.9 percent to $223,190 and the median price up 12.3 percent to $183,000;
• Single-family home rentals rose 2.9 percent with the average rent up 1.8 percent to $1,940;
• Townhome/condominium leases increased 6.9 percent with the average rent unchanged at $1,659.

Source: HAR

Houston Real Estate Highlights in June

• Single-family home sales rebounded from two consecutive monthly declines, jumping 15.7 percent year-over-year with 9,328 units sold;
• The Days on Market (DOM) figure for single-family homes grew from 50 to 56 days;
• Total property sales soared 18.3 percent with 11,153 units sold;
• Total dollar volume climbed 15.1 percent to $3.3 billion;
• Single-family home sales rebounded from two consecutive monthly declines, jumping 15.7 percent year-over-year with 9,328 units sold;
• The Days on Market (DOM) figure for single-family homes grew from 50 to 56 days;
• Total property sales soared 18.3 percent with 11,153 units sold;
• Total dollar volume climbed 15.1 percent to $3.3 billion;
• The single-family home median price set a new record high of $262,000 as it rose 3.6 percent year-over year;
• The single-family home average price declined 0.6 percent to $319,881;
• Single-family homes months of inventory was at a 3.2-months supply, down from 4.3 months last June and below the national inventory level of 4.8 months;
• Townhome/condominium sales reversed three monthly declines, rising 1.9 percent, with the average price down 5.4 percent to $212,216 and the median price down 1.8 percent to $174,350;
• Single-family home rentals jumped 15.3 percent with the average rent down 1.0 percent to $1,906;
• Volume of townhome/condominium leases was unchanged with the average rent up 7.9 percent to $1,731.

• Single-family home sales fell 20.2 percent year-over-year, with 6,671 units sold, marking the second straight month of declines fueled by the COVID-19 pandemic;
• The Days on Market (DOM) figure for single-family homes grew from 54 to 58 days;
• Total property sales dropped 20.7 percent, with 7,917 units sold;
• Total dollar volume dove 25.9 percent to $2.23 billion;
• The single-family home average price fell 7.4 percent to $298,199, the first decline since January 2018;
• The single-family home median price was statistically flat at $249,000;
• Single-family homes months of inventory was at a 3.5-months supply, down from 4.1 months last May and below the national inventory level of 4.1 months;
• Townhome/condominium sales dropped 36.0 percent, with the average price down 2.3 percent to $206,146 and the median price up 2.9 percent to $175,000;
• Single-family home rentals jumped 11.9 percent with the average rent down 2.8 percent to $1,822;
• Volume of townhome/condominium leases fell 4.6 percent with the average rent down 4.6 percent to $1,586.

Source: HAR

@Jerry Ta with Propertycare www.propertycarehouston.com I always  refer them to my investor clients!