Houston Housing Market - Isabel Lopez

Houston Housing Market


Houston, Texas - The fourth largest city in the US. The American Dream of owning a home can easily be realized in the Houston Area. This dream come true can be realized in both NEW and resale homes at affordable prices.


When shopping for homes in the area you will most likely hear the words "master planned community". In the late 1960's developers came up with this concept of communities with strict regulations and deed restrictions. They feature amenities such as plentiful trees and greenbelts, community centers, educational facilities and recreations areas such as pools, ballparks and golf courses. They offer a mix of lush landscaping scenery and modern conveniences with locations near wooded acreage and bodies of water enhanced by abundant schools, shopping centers and restaurants. High rises, town homes, condos, and single family residences are found in most areas.

Houston’s school district is HISD. HISD serves more than 210,000 students. In summary, there are 739 elementary, 319 middle, and 211 high schools in the greater Houston area.

According to HAR in the month of June the total property sales increased by 4.1%.

Houston's current median price for a single family-home is $159,700; National median price is $183,700.


June Milestones:

-Single Family home sales rose 2.9 compared to June 2009.

- The median price of a single-family home reached the highest level since August 2009 ($159,700);

- The average price of a single-family home reached the highest level since July 2008 ($222,767);

-The number of townhouses and condominiums sold in June rose 4.6%.

- Months inventory of single-family homes is 7.3 months compared to the national average of 8.3 months.


For a complete report at the Houston market, click here:https://www.har.com/mls/dispPressRelease.cfm

Source HAR & NAR
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Houston has been my home for many years and I love it! Therefore I have fun writing about interesting news that are relevant to our area and the real estate industry. Most of my posts are in English and Spanish.
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