May Single-Family Average & Median Home Prices Up - Prince Properties, LLC
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May Single-Family Average & Median Home Prices Up

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According to HAR's most recent sales statistics, Houston is still an extremely affordable place to live and sales prices overall are increasing. If you've been waiting for the bottom of the market, pay attention... 

Single-Family Homes Update

At $213,474, the average sales price for single-family homes rose 0.3 percent from May 2008, when it was $212,872. The figure is at its highest level since last August. The median price of single-family homes in April was $157,450, up 1.6 percent from one year earlier. The national single-family median price reported by NAR is $169,800, illustrating the continued higher value and lower cost of living that the Houston market offers consumers.

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