Houston Real Estate Market Hits Home Sales Bottom

Hitting a record low dating back to April, 1,731 homes were sold in the Houston market over the last 30 days. This represents a 1.7% decrease and comes on top of a 10-week steady downturn in sales activity. In comparison, Atascocita led all other nearby municipalities with 116 sales. As sales reached a bottom, months of inventory rose, trending up for four weeks to five months.

If you are curious about inexpensive homes in Houston, start off by checking out these great listings:

$100K   $101K   $102K  

Get started right now by checking out Houston homes for sale or reviewing Houston real estate trends.

Demographic facts for Houston:

  • The median age of all homes is 33.
  • The job growth rating in this area is 66. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $4,620. ($5,691 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
BHGRE Gary Greene
Snapped 22 homes in this area
Keller Williams Metropolitan
Snapped 65 homes in this area
Realty Pros of Texas
Snapped 37 homes in this area

Agents that specialize in this area
214 snaps in this area
52 snaps in this area
375 snaps in this area
653 snaps in this area
30 snaps in this area
30 snaps in this area
87 snaps in this area
52 snaps in this area
43 snaps in this area
9 snaps in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.