Houston Housing and Real Estate Market Statistics

January 18, 2021
Nottingham Country Home for Sale

THE HOUSTON HOUSING MARKET DEFIES PANDEMIC IN 2020

THE HOUSTON HOUSING MARKET DEFIES A PANDEMIC TO SET NEW RECORDS IN 2020 Real estate’s designation as an ‘essential service’ was the key as Realtors provided critically needed housing to consumers throughout the year  HOUSTON — (January 13, 2021) — Not even a devastating global pandemic could stop the Houston housing market from shattering records as it crossed the finish line for the 2020 calendar year. Single-family home sales surpassed 2019’s record volume by more than 10 percent, even as the supply of homes withered to the lowest levels of all time. Stay-at-home orders resulting from the COVID-19 outbreak interrupted […]
December 19, 2020
About Steve Reddell

HOUSTON HOUSING BLAZES ITS WAY THROUGH NOVEMBER

HOUSTON HOUSING BLAZES ITS WAY THROUGH NOVEMBER Market maintains a record-setting pace even as the supply of homes dwindles further HOUSTON — (December 9, 2020) — Houston housing in November continued selling at a record pace despite historically low inventory, the start of the holiday season and the lingering coronavirus pandemic. A low supply of homes for sale and strong demand from homebuyers combined to push the average price to record territory. Once again, the high end of the market generated the strongest increase in consumer activity with mid-range homes also selling briskly. According to the latest Houston Association of […]
November 14, 2020
Aerial Katy

HOUSTON REAL ESTATE SOARS IN OCTOBER

HOUSTON REAL ESTATE SOARS AGAIN IN OCTOBER Consumers keep the market humming despite record-low inventory and a pandemicHOUSTON — (November 11, 2020) — Even with an ever-dwindling supply of housing and a lingering pandemic, consumers bought homes at a frenzied pace in October, keeping Houston real estate market soaring in October. The high end of the market once again registered the greatest sales volume increase, with mid-range homes also attracting heavy activity.  According to the latest Houston Association of Realtors (HAR) Market Update, 9,287 single-family homes sold in October compared to 7,187 a year earlier. That represents a 29.2 percent increase and […]