Houston Homes Sales Up 23% in July

Single-family home sales in the Houston area were up 23% in July compared to the same period in 2019 according to the Houston Association of Realtors.

Home sales hit almost 11,000, up from 8,900 a year ago. July also set a record high median price for single-family homes at $271,830, an 8.7% year-over-year increase.

The total number of properties available on the market fell about 19% compared to 2019, as the supply of homes has dwindled due to home sellers holding back amid the on-going Coronavirus pandemic, according to HAR.

Homes sales of homes price between $250K and $500K increased by 37% this July over last.
 

For more information and data, go to: https://www.har.com/content/newsroom.