Houston Real Estate: New Year Begins on a Positive Note!|League City, Houston, TX|Marilyn Wier 713-542-8451
January has marked the eighth consecutive month of increased home sales. With active listings down and more pending sales, this combination signals a healthy market with a balanced supply of housing inventory.
All segments of the housing market grew from last year except the luxury segment. January sales climbed 9.2% from last years sales. The luxury segment consist of homes that are $500,000 plus.
January sales of all property types in Houston totaled 3,632. This number is up 4.8 % compared to January 2011. Total property sales and total dollar volume rose on year-over-year basis. The median price rose while the average price was flat.
The number of available properties at the end of January declined 15.1 % from January 2011. The inventory of homes dropped to its lowest since December 2009.
With less homes on the market and prices increasing, it seems as though Houston housing market is making a turn for the better!
If you are interested in buying or selling a home, give me a call today! I can help! Take a look at some of the wonderful listings I have. You may just find your dream home!
Marilyn Wier ABR, CIPS, CLHMS, CRS, GRI, SRES
RE/MAX Space Center 1150 Clear Lake City Blvd., Suite 100
Mobile: 713-542-8451 Tel: 281-204-1015 Fax: 281-488-2264
"Serving Southeast Houston & Galveston County" "Selling Locally Marketing Globally"