The Houston Market is Still Breaking Records! 😲🏡💪
What’s Going On In The Market!?
– Inventory is extremely low right now. The national average for months of inventory is 2.4 months, and the Houston market is at 1.6 months of inventory.?
– The average single-family home price is now at an all-time high of $385,000, which is a 12% increase from December 2020. ?
– Despite the low inventory, the number of units (homes) sold is up 5.6% over the last year. ?
– The Days on Market has fallen from 46 days to 35 days. ?
– The price range from $500,000- $999,999 has gone up 49.1%❗
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