Houston home sales increase in February

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February proved to be a strong month for home sales in the Houston market, according to the Houston Association of Realtors monthly report. Despite "the lowest supply of homes for sale that the.

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Single-family home sales totaled 5,109, the lowest one-month sales volume since February and up only 3.3 percent year over year, the Houston Association of Realtors reports. That’s the smallest.

 · Tags: real estate, housing market, home prices, housing, existing home sales, pending home sales, new home sales, mortgages, interest rates Devon Thorsby is the Real Estate editor at U.S. News & World Report, where she writes consumer-focused articles about the homebuying and selling process, home improvement, tenant rights and the state of the.

Homes under $300,000 accounted for 81 percent of home sales in February, according to the data, and homes in good condition and near a good school are selling in just a few days.

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House Price Index The FHFA House Price Index (HPI) is a broad measure of the movement of single-family house prices. The HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.

A surprising stat in the Commerce department March report is that the median sales price of a new home in February fell 9.7% to $302,700. 16% of these homes sold at under $200,000. Buyers are fatigued with high prices and seem to be finding some affordable solutions.

New home sales have slowed down in Houston. by Claire Smith April 27, 2017. New home sales in Houston, one of the largest Texas new home sales markets, has slowed down, according to the New Home Sales Index released by HomesUSA.com.. The number of days on the market for new homes sold increased slightly between February and March 2017.

Based on ourlatest data, Houston’s real estate market for February 2013 was HOT for home sellers! Our data showed there were: Fewer homes on the market An increase in average and median sales price An increase in buyer demand An increase in sales units and dollar volume sold February year to date were just as.