(HAR Report): Sales of all property types totaled 7,519 – up 27.5 percent from January 2020. Total dollar volume for the month surged 42.8 percent to $2.3 billion.
“The Houston real estate market carried the momentum of 2020 into the new year, however we believe that the current pace of sales is unsustainable without an infusion of new listings into the marketplace,” said HAR Chairman Richard Miranda with Keller Williams Platinum. “It’s our hope that as we move out of the winter months, more sellers will begin to put their homes on the market and help boost inventory to pre-pandemic levels.”