Your Houston Texas Real Estate Market Update for Houston and Surrounding Areas

September brought more mixed signals, with home sales declining and inventory rising. One would think that this would indicate that values would also be declining; however that was not the case. The average sales price for single family homes rose to $215,250, a 5% increase over September 2009.

Much of the decline in sales volume can be attributed to the end of the home buyer tax credit. Many buyers that would have normally purchased later in the year made their purchases early in order to qualify for the credit, leaving fewer active buyers in later quarters of the year.

While our numbers are off from last year’s pace, our market is still much healthier than the national average. Click the link below to take a look at the figures. You can even compare our market to the national average and other individual regions.

 

 

If you would like to discuss the market, or if you have questions about buying or selling in these market conditions, please give me a call. I’m always happy to help.

Stacy Jones is a REALTOR you can trust

 

 

 

 

 

 

 

Stacy Jones
832-722-7731

 

Stacy is a licensed REALTOR® and the team leader of The Jones Team, a group of REALTORS® in Katy, who work together to provide exceptional service for their clients. Stacy and his team specialize in the areas west of downtown Houston. These incredible real estate agents can help you buy or sell a home in locations such as Katy, Cypress, far West and Northwest Houston, Richmond, Fulshear, Sugar Land, Spring Branch, Memorial, Spring, Tomball, The Woodlands, and Magnolia. Whether you are in the market to sell a home, buy a home, have a question about home appraisal value, need advice about home staging ,or have any other real estate related questions, Stacy and The Jones Team are available to help.

 

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All information in this site is deemed reliable but is not guaranteed and is subject to change.

The information herein is furnished by the owner to the best of his knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for correctness thereof. The offering is made subject to errors, omissions, change of price, prior sale or withdrawal without notice. In accordance with the law, this property is offered without regard to race, creed, national origin, disability or gender.