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Houston Area Home Prices Continue to Rise

By | 2017-03-13T15:54:53+00:00 September 10th, 2015|Uncategorized|

Sales numbers from the Houston Association of Realtors (HAR) are out for August 2015. Check out the press release. A few highlights, the median sales price (the figure where half of homes sold for more, half sold for less) rose 4.9% year over year to $215,100. The average sale price rose nearly 3% to $282,233.  This means prices are still strong for the Houston area. The number of property sales has seems to have finally stabilized, with the total property sales and total single-family home sales basically the same as August 2014. Months of inventory have increased year over year by half a month to 3.5 months. This is still well under the national average of 4.8 months of inventory. Take a look at some of these figures in the table below. More comprehensive information broken out by market segments or category is available by request.

CATEGORIES AUGUST 2014 AUGUST 2015 CHANGE
Total property sales 8,838 8,836 0.0%
Total dollar volume $2,293,946,040 $2,354,729,681 2.6%
Total active listings 29,574 34,089 15.3%
Single-family home sales 7,407 7,454 0.6%
Single-family average sales price $274,302 $282,233 2.9%
Single-family median sales price $205,000 $215,100 4.9%
Single-family months inventory 3.0 3.5 18.4%
Single-family pending sales 7,525 7,413 -1.5%
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Century 21 Brand Continues Sweep of J.D. Power Home Buyer/Seller Satisfaction Survey

By | 2015-09-08T10:58:20+00:00 September 8th, 2015|Uncategorized|

In case you haven’t heard, Century 21 has swept all categories of J.D. Power’s 2015 Home Buyer/Seller Satisfaction Study. For the second year in a row, CENTURY 21 was ranked highest across the four segments in this study: first-time home buyer, repeat home buyer, first-time home seller and repeat home seller. The CENTURY 21 brand is the only real estate firm in the history of the J.D. Power Customer Satisfaction Study to rank highest in all four segments for two consecutive years! Read more about it in the official press release here. We are proud to be a part of the unique Century 21 brand, and would like to take a moment to thank all agents across the Century 21 System for all the amazing work they have done and continue to do.

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Great things are on the horizon…

By | 2017-03-13T15:54:54+00:00 April 13th, 2012|Uncategorized|

Welcome to the CENTURY 21 Realty Partners blog! This is our inaugural post, and we would like to personally thank you for reading it. What kind of information will you find on our blog? Well the latest real estate industry and economic news for one. Demystification of common real estate terms and concepts for another. Or how about, local market information and developments. Coupled with practical information and advice about buying or selling a home.  All of this liberally sprinkled with our own personal zest and charm. Stay tuned! Great things are happening at CENTURY 21 Realty Partners, and we are proud that now we can share them with you and the world.

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