October 2009

There are 1 blog entries for October 2009.

Houston Real Estate Market Report-September 2009


Erika McCann

Tuesday, October 20th, 2009 at 4:07pm. 109 Views, 0 Comments.

Year-over-year single-family home sales soar 32 percent and median price edges up further-HAR-October 20,2009

 Houston Real Estate Milestones in September;

  • Single-family homes sales rose 32.0 percent, ending 24 consecutive months of declining volume;

  • The median price of a single-family home rose for the fifth straight month to the highest level ever recorded in a September    ($156,200);

  • The average price of a single-family home reached the second highest level ever recorded in a September ($205,925);

  • Month’s inventory of single-family homes dropped from 6.4 to 6.2 months compared to the national average of 8.5 months

    • HOUSTON — (October 20, 2009) — Hurricane Ike sidelined Houston’s real estate business for several weeks after tearing through…

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