AVERAGE DOM

29



CLOSE TO ORIGINAL LIST PRICE

100%

AVERAGE SALES PRICE

$395,316

HOUSTON AREA MARKET UPDATE

A MONTHLY SNAPSHOT OF HOUSTON’S REAL ESTATE MARKET FOR JUNE 2021

We have moved out of comparing year-over-year data with months that had a strong quarantine factor impacting the data.  Houston is still low on inventory, at 1.5 months, compared to 3.0 months in June 2020 and the national average of a 2.5 months’ supply.  The strong activity in the upper price ranges continues to push up our single-family average sales price to a new record of $395,316.  Our median sales price for single-family homes is also at a record high of $314,000.

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Better Homes and Gardens Real Estate Gary Greene
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