August 2010

There are 1 blog entries for August 2010.

Houston's Luxury Homes Sales Up 20%

Tuesday, August 10th, 2010 at 4:54pm. 125 Views, 0 Comments.

Gains all around in the Houston market but sales of luxury homes—those priced from $500,000 to the millions—reflected the greatest gains, increasing a whopping 20.3 percent. June sales of single-family homes in Houston totaled 5,584, up 2.9 percent from June 2009. This marks the fourth consecutive month of accelerated sales activity. Broken out by segment, homes priced between $80,000 and $150,000 rose 9.6 percent; those in the $150,000 to $250,000 fell 8.0 percent—representing the only decline in sales volume; and homes priced between $250,000 and $500,000 edged up 1.3 percent.

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