Houston Housing market segment

(HAR Report): Broken out by housing segment, August sales performed as follows:

  • $1 – $99,999: decreased 34.2 percent

  • $100,000 – $149,999: decreased 31.4 percent

  • $150,000 – $249,999: decreased 4.4 percent

  • $250,000 – $499,999: increased 18.3 percent

  • $500,000 – $749,999: increased 34.4 percent

  • $750,000 and above: increased 40.3 percent

HAR also breaks out sales figures for existing single-family homes. Existing home sales totaled 7,621 in August, up 7.0 percent compared to the same month last year. The average sales price rose 10.2 percent to $332,003 while the median sales price jumped 10.6 percent to $260,000.