All Forum Posts by: Jhoana Olarte

• Single-family home sales fell 5.8 percent year-over-year, with 6,548 units sold;
• Days on Market (DOM) for single-family homes was 52 days;
• Total property sales declined 4.4 percent, with 7,842 units sold;
• Total dollar volume was down 3.5 percent to $2.2 billion;
• The single-family home median price edged up 0.2 percent to $232,500, a September high;
• The single-family home average price also achieved a September record, rising 1.7 percent to $295,765;
• Single-family homes months of inventory was at a 4.0-months supply, up fractionally from 3.9 months last September and slightly below the national supply of 4.3 months reported by NAR;
• Townhome/condominium sales fell 6.1 percent, with the average price down 6.6 percent to $191,967 and the median price unchanged at $159,450;
• Leases of single-family homes dropped 35.4 percent with the average rent down 4.0 percent to $1,812;
• Volume of townhome/condominium leases plunged 44.5 percent with the average rent down 1.0 percent to $1,584.

https://www.har.com/content/newsroom?pid=1569

@jerryta with Propertycare, investor friendly management company!

Houston Real Estate Highlights in August

(* asterisk denotes that the “Harvey effect” has been removed):

• Single-family home sales rose 7.6 percent year-over-year, with 5,844 units sold*;
• Days on Market (DOM) for single-family homes declined slightly to 49 days;
• Total property sales jumped 36.8 percent, with 9,978 units sold;
• Total dollar volume increased 40.1 percent to $2.86 billion;
• The single-family home median price rose 3.0 percent to $236,870, reaching an August high;
• The single-family home average price also achieved an August record, rising 1.9 percent to $300,670;
• Single-family homes months of inventory was at a 4.1-months supply, down from 4.3 months last August and equal to the national level;
• Townhome/condominium sales rose 12.3 percent year-over-year, with 457 units sold in 2018 compared to 407 one year earlier*;
• Leases of single-family homes rose 7.6 percent with the average rent up 3.4 percent to $1,926*;
• Volume of townhome/condominium leases fell 8.6 percent with the average rent up 5.5 percent to $1,639*

HAR https://www.har.com/content/newsroom?pid=1563

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@Jerry Ta with Propertycare, investor-friendly company!

• Single-family home sales rose 9.1 percent year-over-year, with 8,108 units sold;
• Days on Market (DOM) for single-family homes remained unchanged at 48 days;
• Total property sales increased 8.5 percent, with 9,559 units sold;
• Total dollar volume jumped 11.4 percent to nearly $2.8 billion;
• The single-family home median price rose 5.9 percent to $243,500, reaching a July high;
• The single-family home average price also achieved a July record, rising 2.4 percent to $305,910;
• Single-family homes months of inventory was at a 4.2-months supply, down fractionally from 4.3 months last July, but nonetheless at the highest level since August 2017;
• Townhome/condominium sales rose 6.1 percent, with the average price up 6.9 percent to $215,110 and the median price up 9.3 percent to $165,000;
• Leases of single-family homes fell 1.9 percent with the average rent up 5.6 percent to $1,916;
• Volume of townhome/condominium leases dropped 6.6 percent with the average rent up 7.7 percent to $1,666.

https://www.har.com/content/mls/?m=08&y=18

@Jerry Ta with Propertycare, investor-friendly, they work on a flat monthly fee!

Propertycare - @Jerry Ta

• Single-family home sales rose 5.3 percent year-over-year, with 5,260 units sold;
• Days on Market (DOM) for single-family homes decreased slightly from 67 days in February 2017 to 65 days this February;
• Total property sales increased 3.1 percent with 6,375 units sold;
• Total dollar volume climbed 4.5 percent to $1.7 billion;
• The single-family home median price rose 1.4 percent to $226,200, which represents a February high;
• The single-family home average price edged up 0.4 percent to a February high of $281,945;
• Single-family homes months of inventory shrank year-over-year from a 3.4-months supply to 3.2 months;
• Townhome/condominium sales fell 5.1 percent, with the average price up 2.0 percent to $210,887 and the median price up 4.6 percent to $170,000;
• Leases of single-family homes fell 11.5 percent with the average rent up 4.1 percent to $1,720;
• Volume of townhome/condominium leases dropped 11.5 percent with average rent up 2.2 percent to $1,515.

https://www.har.com/content/mls/?m=3&y=18