HAR Report: “With pent-up demand, consumers appear to finally be pushing aside interest rate concerns and returning to the market, which bodes well for the spring homebuying season,” said HAR Chair Thomas Mouton with Century 21 Exclusive. “The increase in home sales, slight appreciation in home prices and expanding inventory, creates opportunities for both buyers and sellers in the marketplace.”
The average price of a single-family home throughout Greater Houston rose 4.1 percent to $400,252 and the median price increased 3.0 percent to $329,686.