All Forum Posts by: Sharon Tzib

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

Houston Real Estate Highlights in November 

• 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.

Houston Housing Stats October, 2020

Houston Real Estate Highlights in October, 2020:

• 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.

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

Houston Real Estate Highlights in September:

• -Single-family home sales increased for a fourth consecutive month, rocketing 29.1 percent year-over-year with 9,101 units sold;
• -The Days on Market (DOM) figure for single-family homes lowered from 56 to 51 days;
• -Total property sales shot up 31.9 percent with 11,137 units sold;
• -Total dollar volume soared 43.6 percent to $3.4 billion;
• -The single-family home median price rose 8.3 percent to $265,000 – the highest median price for a September;
• -The single-family home average price increased 10.1 percent to $329,801 – the highest average price for a September;
• -Single-family homes months of inventory registered a 2.5-months supply, down from 3.9 months last -September and below the national inventory level of 3.0 months. The last time inventory was that low was in December 2014;
• -Townhome/condominium sales jumped 21.3 percent, with the average price up 7.0 percent to $214,337 and the median price up 4.4 percent to $177,500;
• -Single-family home rentals were down 3.9 percent with the average rent up 5.5 percent to $1,940;
• -Townhome/condominium leases were flat with the average rent up 6.5 percent to $1,690.

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

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.

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

Houston Real Estate Highlights in July:

• -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.

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

Houston Real Estate Highlights in May:

• -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.

https://www.har.com/content/newsroom?pid=1714

Houston Real Estate Highlights in March:

• -Single-family home sales rose 8.2 percent year-over-year, with 7,566 units sold, marking the ninth consecutive month of positive sales;
• -The Days on Market (DOM) figure for single-family homes was unchanged at 65 days;
• -Total property sales rose 6.9 percent, with 8,965 units sold;
• -Total dollar volume jumped 11.0 percent to more than $2.6 billion;
• -The single-family home median price rose 4.1 percent to $249,900, reaching a March high;
• -The single-family home average price climbed 3.8 percent to a March high of $309,785;
• Single-family homes months of inventory was at a 3.5-months supply, down from 3.8 months last March but above the national inventory level of 3.1 months;
• -Townhome/condominium sales declined 0.5 percent, with the average price up 6.0 percent to $224,038 and the median price up 4.6 percent to $183,000;
• -Lease properties experienced a mixed performance, as single-family home rentals increased 1.2 percent with the average rent up 2.4 percent to $1,788;
• -Volume of townhome/condominium leases fell 9.7 percent with the average rent up 4.2 percent to $1,604.

https://www.har.com/content/newsroom?pid=1704

Houston Real Estate Highlights in February:

• -Single-family home sales jumped 13.2 percent year-over-year, with 6,044 units sold, marking the eighth consecutive month of positive sales;
• -The Days on Market (DOM) figure for single-family homes was unchanged at 68 days;
• -Total property sales surged 14.9 percent, with 7,393 units sold;
• -Total dollar volume increased 19.4 percent to about $2.1 billion;
• -The single-family home median price rose 5.2 percent to $245,000, reaching a February high;
• -The single-family home average price climbed 5.9 percent to a February high of $301,648;
• -Single-family homes months of inventory was at a 3.5-months supply, down fractionally from 3.6 months last February but above the national inventory level of 3.1 months;
• -Townhome/condominium sales rose for a third straight month – up 12.8 percent, with the average price up 14.5 percent to $216,170 and the median price up 16.5 percent to $176,500;
• -Lease properties experienced a mixed performance, as single-family home rentals increased 5.8 percent with the average rent up 1.8 percent to $1,768;
• -Volume of townhome/condominium leases fell 2.2 percent with the average rent up 3.5 percent to $1,607.

Hey @Benjamin Portnoy!  HAR only releases the Greater Houston data monthly, but there's other data available in HAR broken down by city. Feel free to reach out to me and I can see if I can help get you the info you are looking for. Thanks!

https://www.har.com/content/newsroom?pid=1697

Houston Real Estate Highlights in January:

• -Single-family home sales jumped 14.3 percent year-over-year, with 4,699 units sold, marking the seventh consecutive month of positive sales;
• -Days on Market (DOM) for single-family homes extended slightly from 66 to 68 days;
• -Total property sales surged 15.2 percent, with 5,800 units sold;
• -Total dollar volume rose 17.1 percent to about $1.6 billion;
• -The single-family home median price increased 4.5 percent to $234,000, reaching a January high;
• -The single-family home average price climbed 4.6 percent to a January high of $291,034;
• -Single-family homes months of inventory was at a 3.5-months supply, down fractionally from 3.6 months last January but above the national inventory level of 3.0 months;
• -Townhome/condominium sales jumped for a second straight month – up 20.9 percent, with the average price down 3.5 percent to $186,582 and the median price down 5.2 percent to $149,750;
• -Lease properties experienced a strong performance, as single-family home rentals climbed 14.5 percent with the average rent up 1.7 percent to $1,782;
• -Volume of townhome/condominium leases rose 5.6 percent with the average rent up 5.9 percent to $1,598.