Houston Real Estate Highlights in June-HAR Report
Single-family home sales declined 11.6 percent year-over-year;
Days on Market (DOM) for single-family homes went from 45 to 46 days;
Total property sales were down 13.6 percent with 9,133 units sold;
Total dollar volume declined 12.2 percent to $3.8 billion;
The single-family median price was statistically flat at $345,500;
The single-family average price was statistically flat at $432,090;
Single-family home months of inventory registered a 4.3-months supply, up from 3.0 months last June;
Townhome/condominium sales continued to decline, falling 19.9 percent, with the median price up 12.1 percent to $241,000 and the average price up 7.8 percent to $271,356.