Houston Real Estate Highlights in April-HAR Report
Single-family home sales rose 9.2 percent year-over-year;
Days on Market (DOM) for single-family homes went from 56 to 49 days;
Total property sales rose 8.7 percent with 9,611 units sold;
Total dollar volume was up 13.8 percent to $4 billion;
The single-family median price rose 3.0 percent to $340,000;
The single-family average price rose 4.6 percent to $437,198;
Single-family home months of inventory registered a 3.7-months supply, up from 2.6 months a year earlier;
Townhome/condominium sales continued to decline, falling 1.3 percent, with the median price down 1.8 percent to $230,000 and the average price down 0.5 percent to $278,048.