Houston Real Estate Highlights in April-HAR Report
Single-family home sales decreased 1.1% year-over-year;
Days on Market (DOM) for single-family homes went from 50 to 54 days;
Total property sales declined by 3.5% with 9,283 units sold;
Total dollar volume was down 2.0% to $3.9 billion;
The single-family median price was statistically unchanged at $339,990;
The single-family average price was statistically flat at $437,407;
Single-family home months of inventory registered a 4.9-months supply, up from 3.6 months last April.
Townhome and condominium sales declined 15.2% year-over-year. The median price was down 6.5% percent to $215,000, and the average price slid 4.0% to $267,507.