Annual Home Sales Improve In Houston
Annual Home Sales Improve In Houston
Annual Home Sales Improve In Houston
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February 23, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums in Houston fell from December to January but remained above year ago levels according to the latest data from the Houston Association of Realtors® (HAR).

An estimated total of 3,632 existing single-family homes and condos were sold in Houston in January. That was 33.5 percent lower than the 5,460 homes sold in December but 4.8 percent higher than the 3,467 homes sold in January 2011.

Existing single-family homes accounted for 3,049 of the total sales in January. That was 33.8 percent lower than the 4,604 homes sold in December but 9.2 percent higher than the 2,792 homes sold in January 2011.

The median sales price for an existing single-family home in Houston fell 12.6 percent to $139,900 from $160,000 in December but was 0.9 percent higher than the median price of $138,700 in January of 2011.

There was a 5.7 months supply of single-family homes available for sale compared to an 7.2 months supply in January of last year.

Wayne A. Stroman, chairman of HAR, stated, “The January report shows continued strength in the Houston housing market that we began seeing in the latter part of 2011, and it gives us cause for optimism as we look ahead to the typically active spring and summer buying months. We have also seen more jobs being filled locally and you generally don’t experience a strong real estate market without healthy employment.”

Condominium sales accounted for 271 of the total sales in January, down 30.2 percent from 388 sales in December and 2.9 percent lower than the 279 units sold in January of 2011.

The median sales price for a condo in January was $96,050, which was 37.1 percent lower than the $131,750 median sales price in December and 7.6 percent lower than the $104,000 median sales price for a condo in January of last year.

The number homes available for sale in the Houston area declined from a year ago, falling 15.1 percent from 49,523 in January of last year to 42,067 last month.

Tags: existing homes, condos, sales, median home prices, Houston

Source:
Houston Association of Realtors (HAR)

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Mortgage
Calculator

Estimate your monthly mortgage payment
Auto Loan
Calculator

Determine how much car you can afford before buying
Learn About
Mortgage Loans

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15 Year vs 30 Year
Loan Comparison

Compare 15 year and 30 year mortgage loans
Todays Mortgage
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February 23, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums in Houston fell from December to January but remained above year ago levels according to the latest data from the Houston Association of Realtors® (HAR).

An estimated total of 3,632 existing single-family homes and condos were sold in Houston in January. That was 33.5 percent lower than the 5,460 homes sold in December but 4.8 percent higher than the 3,467 homes sold in January 2011.

Existing single-family homes accounted for 3,049 of the total sales in January. That was 33.8 percent lower than the 4,604 homes sold in December but 9.2 percent higher than the 2,792 homes sold in January 2011.

The median sales price for an existing single-family home in Houston fell 12.6 percent to $139,900 from $160,000 in December but was 0.9 percent higher than the median price of $138,700 in January of 2011.

There was a 5.7 months supply of single-family homes available for sale compared to an 7.2 months supply in January of last year.

Wayne A. Stroman, chairman of HAR, stated, “The January report shows continued strength in the Houston housing market that we began seeing in the latter part of 2011, and it gives us cause for optimism as we look ahead to the typically active spring and summer buying months. We have also seen more jobs being filled locally and you generally don’t experience a strong real estate market without healthy employment.”

Condominium sales accounted for 271 of the total sales in January, down 30.2 percent from 388 sales in December and 2.9 percent lower than the 279 units sold in January of 2011.

The median sales price for a condo in January was $96,050, which was 37.1 percent lower than the $131,750 median sales price in December and 7.6 percent lower than the $104,000 median sales price for a condo in January of last year.

The number homes available for sale in the Houston area declined from a year ago, falling 15.1 percent from 49,523 in January of last year to 42,067 last month.

Tags: existing homes, condos, sales, median home prices, Houston

Source:
Houston Association of Realtors (HAR)

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
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February 23, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums in Houston fell from December to January but remained above year ago levels according to the latest data from the Houston Association of Realtors® (HAR).

An estimated total of 3,632 existing single-family homes and condos were sold in Houston in January. That was 33.5 percent lower than the 5,460 homes sold in December but 4.8 percent higher than the 3,467 homes sold in January 2011.

Existing single-family homes accounted for 3,049 of the total sales in January. That was 33.8 percent lower than the 4,604 homes sold in December but 9.2 percent higher than the 2,792 homes sold in January 2011.

The median sales price for an existing single-family home in Houston fell 12.6 percent to $139,900 from $160,000 in December but was 0.9 percent higher than the median price of $138,700 in January of 2011.

There was a 5.7 months supply of single-family homes available for sale compared to an 7.2 months supply in January of last year.

Wayne A. Stroman, chairman of HAR, stated, “The January report shows continued strength in the Houston housing market that we began seeing in the latter part of 2011, and it gives us cause for optimism as we look ahead to the typically active spring and summer buying months. We have also seen more jobs being filled locally and you generally don’t experience a strong real estate market without healthy employment.”

Condominium sales accounted for 271 of the total sales in January, down 30.2 percent from 388 sales in December and 2.9 percent lower than the 279 units sold in January of 2011.

The median sales price for a condo in January was $96,050, which was 37.1 percent lower than the $131,750 median sales price in December and 7.6 percent lower than the $104,000 median sales price for a condo in January of last year.

The number homes available for sale in the Houston area declined from a year ago, falling 15.1 percent from 49,523 in January of last year to 42,067 last month.

Tags: existing homes, condos, sales, median home prices, Houston

Source:
Houston Association of Realtors (HAR)

HOW LOANRATENETWORK
LOAN CENTER WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.