Are Houses Selling in Houston

I would like to tell you that the Houston Market is strong and not like the east and west coasts. Home prices might have dropped in some areas because of foreclosures and short sales but we are talking about 10-15% of the whole real estate market in Houston.

 
Here are the homes sold sorted by price range in the Houston Area in 2011 compared to the home sales in 2010

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               

Price Range	2010	2011
Up to $100,000	12,073	13,462	12%
$100k to $200k	21,333	20,774	-3%
$200k to $300k	8,920	9,300	4%
$300k to $400k	4,015	4,415	10%
$400k to $500k	2,070	2,185	6%
$500k to $600k	1,024	1,099	7%
$600k to $700k	674	705	5%
$700k to $800k	377	433	15%
$800k to $900k	274	321	17%
$900 to $1M	199	224	13%
$1M to 1.5M	437	463	6%
$1.5M to 2M	161	154	-4%
$2M +	127	143	13%
Total Homes Sold	51,684	53,678	4%

   
Currently, the market has a shortage supply which are the houses for sale and good houses can be sold in 10 days.

 

Would you like to know if houses are selling in your area, please feel free to contact me 

See All Homes for Sale in the Houston Area