Coming off a record-setting June, Houston real estate kept humming right along in July with another impressive month. According to HAR’s August report, our market saw year-over-year sales increase a significant amount while prices, both median and average, rose to their highest points ever for a July in Houston. With demand evidently very high, the challenge remains for the housing supply to keep pace. July inventory saw an incremental year-over-year decline, but it still sits at its highest point since August of last year.
For my complete analysis of Houston housing's spectacular July numbers, go to cynthiamullins.com.
Buying or selling a home or have questions about the market? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.
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