Houston Housing Segment- HAR report

Broken out by housing segment, May sales performed as follows:

  • $1 - $99,999: decreased 9.9 percent

  • $100,000 - $149,999: decreased 19.0 percent

  • $150,000 - $249,999: increased 2.9 percent

  • $250,000 - $499,999: increased 5.8 percent

  • $500,000 - $749,999: increased 6.3 percent

  • $750,000 and above: increased 17.6 percent

HAR also breaks out sales activity for existing single-family homes. Existing home sales totaled 7,202 in May, up 6.7 percent versus the same month last year. The average sales price rose 6.7 percent to $316,945 while the median sales price increased 4.1 percent to $240,550.