Get information on the Houston Real Estate Market new about Houston home prices, home sales and active listings. Find out the Houston MLS ran king report and overall update on the housing market in Houston. This page will be updated on a regular basis as new news arrives.
POSTED: June 6, 2011
The best news about Houston real estate year-to-date is that
- Average sales price is up 3% – currently $209,912
- Median sales price is flat compared to last year
through May – $150,000
- Pending sales are up 2% YTD – 15,146 and that’s great news for the
- Active listings – though up 8%, active listings were 2% higher last month [at 10%] and have been trending in the right direction [down]since February. You would see a lower average sales price and lower median sales price if listings were trending up – which is caused by too much supply chasing too little demand.