Single-Family Homes Update(HAR report)
September marked the seventh positive month of 2019 for single-family home sales, as volume jumped 9.5 percent with 7,035 units sold across greater Houston compared to 6,427 a year earlier. That represents the second largest one-month sales volume of 2019. On a year-to-date basis, sales are 3.8 percent ahead of 2018’s record pace.
Home prices climbed to the highest levels ever for a September. The median price was $244,000, up 4.7 percent from one year prior. The average price rose 1.5 percent to $298,947.