DataMarkets & Economy

Houston home sales march forward in June, report says

Houston-area home market saw ups and downs in June, but the ups helped jump in the right direction
  • Better Homes and Gardens Gary Greene Real Estate broke down housing conditions in Houston neighborhoods, including sales volume, median and average price, days on market and inventory.
  • Waller County saw the biggest annual home sales jump, at 52.34 percent, while its average home price increased 38.01 percent.
  • Home sales fell 15.63 percent year-over-year in Liberty County as of June 2016, while inventory fell 20.88 percent.

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Houston's real estate market is seeing an uptick in home sales this June, according to a new data set released by Better Homes and Gardens Gary Greene Real Estate. The local brokerage dissected home sales, prices, days on market, inventory and more throughout the entire Houston area using data from the Real Estate Center at Texas A&M University and the Houston Association of Realtors. Houston's largest home sales gains Of the most extreme increases in home sales, the report says Waller County saw the biggest annual jump of 52.34 percent in June. The average price of a home here increased 38.01 percent year-over-year and days on market fell by 2.9 percent, showing that the housing market is growing strong in Waller County. Inventory also climbed high on a yearly basis, by 59.09 percent. Angelina County also saw a big increase in inventory, at 35 percent, as well as a 13.79 percent increase in home sales. This area did, however, see an increase in days on market of 11.59 ...