HOUSTON (Houston Business Journal) – Sales on existing single-family homes in the Houston area totaled 5,321 last month — a 26.7 percent increase over the 4,199 homes sold in April 2009.
The largest sales jump appeared in properties priced above $500,000.
The average price of a single-family home appreciated to $206,414, up 6.8 percent from April 2009.
This is the second month in a row for a rise in sales and the seventh consecutive month for an increase in home prices for the Houston area.
