Single-Family Homes Update
Sales of single-family homes fell 5.8 percent in September, with 6,548 units sold across the greater Houston area compared to 6,953 a year earlier. However, on a year-to-date basis, home sales are 5.6 percent ahead of 2017’s record pace.
Prices reached the highest levels ever for a September. The median price increased a fractional 0.2 percent to $232,500. The average price rose 1.7 percent to $295,765.