2429 Bissonnet St. #545
Houston, TX
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Houston Real Estate Market Update as of December 31, 2016

The Houston market has rebounded from slower sales through most of the year. 2016 ended setting new sales records both in number of properties (89,296, +2.3%) and dollar volume ($24.55 B, +4.2%) sold. Higher priced homes above $500K have especially rebounded. We now have a 3.2 month supply of housing for sale, compared to 3.3 months a year ago, and having peaked at 4.0 months supply in July. The national average is 4.6 months, so our market is much tighter than most. We currently have 33,802 properties for sale, up 7.1% from December 2015. (Read More)

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Complete Property Services LLC
2429 Bissonnet St. #545 | Houston, TX
(713) 395-1400

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