Houston housing market

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

 

  • $1 - $99,999: increased 11.1 percent

  • $100,000 - $149,999: decreased 12.3 percent

  • $150,000 - $249,999: decreased 6.7 percent

  • $250,000 - $499,999: decreased 9.4 percent

  • $500,000 - $999,999: decreased 15.2 percent

  • $1M and above: decreased 15.5 percent

 

HAR also breaks out sales figures for existing single-family homes. Existing home sales totaled 6,484 in May, down 16.2 percent from the same month last year. The average price fell 2.6 percent to $431,582 and the median sales price declined 4.6 percent to $334,000.