Houston Real Estate Market News

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

  1. Average sales price is up 3% – currently $209,912
  2. Median sales price is flat compared to last year
    through May – $150,000
  3. Pending sales are up 2% YTD – 15,146 and that’s great news for the
    summer months.
  4. 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.

Houston Hotness Index for May 2011

Houston Market Update by area for May YTD 2011

Houston MLS Company Ranking Report