Houston housing market

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

  • $1 - $99,999: decreased 35.7 percent

  • $100,000 - $149,999: decreased 27.6 percent

  • $150,000 - $249,999: decreased 43.3 percent

  • $250,000 - $499,999: increased 10.7 percent

  • $500,000 - $999,999: increased 38.3 percent

  • $1M and above: increased 30.2 percent

HAR also breaks out sales figures for existing single-family homes. Existing home sales totaled 7,902 in May. That was statistically unchanged from the same month last year. The average sales price jumped 14.1 percent to a record high $444,548 while the median sales price climbed 15.7 percent to $350,000, also a record high.