Harris County Real Estate Market Continues Weakening in Contracts

Sales fell to five homes sold in the Harris County market over the last 30 days. Furthermore, an emerging downturn in the number of pending transactions continued, with four completed in the same period. Potential buyers should note that prices are coming down in Harris County, and for this period the median sales price slid from $176,230 to $164,560. With a downward trend in contracts numbers and 2,613 months of inventory still left to work through, Harris County is a strong buyer's market.

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

Demographic facts for Harris County:

  • 51.0% of the people in this area are homeowners.
  • The one-year job growth rate in this area is 1.93%.
  • The student-to-teacher ratio is 17.1:1. (15.3:1 = national average)

Data reported through 6/14/2017

Comments:

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