Single-Family Homes Update(HAR Report):
Single-family home sales rose 7.1 percent in January with 6,451 units sold throughout the greater Houston area compared to 6,024 a year earlier. Strong sales volume among high-end homes pushed up pricing. The median price climbed 17.9 percent to $310,000 while the average price rose 16.2 percent to $377,738. Both are the highest prices ever for a January, but are well below overall record highs set during 2021.