Record High Hit in Sales in June

Houston Real Estate Highlights in June

• Single-family home sales were basically unchanged with a total of 7,696 units sold;

• On a year-to-date basis, single-family home sales are up 2.7 percent;

• Total property sales fell 0.9 percent to 9,139 units;
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• Total dollar volume declined 1.7 percent to $2.6 billion;
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• At $230,538, the single-family home median price rose 2.5 percent to a record high;
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• The single-family home average price declined 0.8 percent to the second highest level of all time, $300,178 (the highest was $302,599 in June 2015);
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• Single-family homes months of inventory climbed to a 3.7-months supply versus 3.2 months a year earlier;
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• Townhome/condominium sales fell 5.8 percent with the average price down 2.4 percent to $197,937 and the median price up 2.1 percent to $164,450;
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• Leases of single-family homes were up 4.8 percent with rents up slightly to $1,883;

Leases of townhomes/condominiums soared 12.9 percent with rents down 5.6 percent to $1,658

Are you ready to sell your  home?  Call MARY ANN LIPSEY TODAY, 24 Years of Selling, full time!

It does make  a difference who "lists and markets" your  home!

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