Houston Townhouse and Condominium market

Houston is one of the healthiest housing markets in the US now, with damaged homes coming back on the market and all housing related personnel and resources back in action.   The average price jumped 5.2% to $305,092.

Sales of townhomes and condominiums has not recovered however.  Sales rose only a half percent in April, (a total of 598 units sold versus 595 a year earlier). The average price rose 5.9% to $220,704. Inventory held steady at a 4.0-months supply which is high.