Register Real Estate Advisors » average home price http://rrea.com Specializing in Houston and Northern Suburbs - The Woodlands, Spring, Tomball, Cypress, and Houston, Texas Fri, 10 Feb 2012 20:43:53 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Houston Real Estate Milestones http://rrea.com/blog/houston-real-estate-milestones/ http://rrea.com/blog/houston-real-estate-milestones/#comments Mon, 02 Nov 2009 15:09:41 +0000 Shannon Register, Broker/Owner http://rrea.com/?p=2076 According to Rob Cook, the 2009 MLS Chairman and the Houston Association of Realtors, we met a few milestones back in August and I wanted to share them with you.  The median price for a single-family home rose for the 4th straight month to the 3rd highest level of 2009 ($160,880.00).  The average price of a single-amily home reached its 3rd highest level of the year ($213,396.00).  Month-over-month volume of single-family home sales reached the 3rd highest level of 2009.  Month-over-month volume of townhouse/condominium sales reached the 3rd highest level of 2009.  Month’s inventory of singel-family homes dipped from 6.7 to 6.5 months compared to the national average of 9.4 months.  This is all good news for the housing market that I wanted to share with you as you are making real estate decisions as we head into 2010.

"Houston Real Estate Milestones" was originally posted as a blog post at RREA.com on November 2, 2009.

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