The March Real Estate Market Has A Spring In Its Step! 🏵🏠☀️
🏠📈 March Market Update 📉🏡 Active listings remained strong year-over-year amid the first sales decline of 2024. Single-family homes saw a 7.5% dip compared to March 2023. 📈🏠 However, days on Market decreased from 62 days to 55 days. The number of homes sold is up with 7,334 units sold, and the average sales price for single-family homes rose to $412,464. 🏆📈
Now, let's dive into inventory. The Greater Houston housing market continued to blossom with a robust inventory ready to meet impending demand! 🗓️📊 Months of inventory has risen from 2.6 to 3.5 this year compared to the same time last year.
The Houston real estate is shifting into the Spring & Summer market so make sure that you stay informed to make the best decisions for your future. Our team is here to help you navigate these changes. 🏡🤗