Houston Market Sales Price Skyrockets 23.7% in the last year!π±π
What Is Happening With The Houston Real Estate Market?!
βThe past months market has broken historical records in Houston! It continues to surprise us with a low months of inventory, low DOM, and historical interest rates. Ultimately it is still an amazing sellers market overall!
MARKET UPDATE:
– For the 13th consecutive month we have increased in single family home sales 13.6%!
– We made history as a market with 13,000 units sold in one month, which has never been done in Houston before!
β- Days on market has gone down from last month from 57 days to 29 DOM
β- βAverage sales price rose 23.7% to $395,846 compared to last year which was at $319k!
β- Overall, we are 25.9% ahead of where we were last year!
BIG QUESTION:
When will things normalize again?!
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Contact us today for a real estate buying or selling consultation.
281-785-1456 |Β info@bridgegrouptx.com
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