The federal tax credit stimulated the houston real estate market the earlier part of this year. Junes sold numbers have leveled out to what we typically see this time of the year. A growing number of homes on the market and a slowdown in number of homes with contracts pending point to a slower few months ahead.
More sales in higher dollar homes have pushed the average home price up but the average days on market remains slightly above where it was last year at 7.3
Sellers in the Houston/Galveston area need to make the most of every showing possible and have their home priced correctly.
The Bay Colony area currently has 105 homes on the market, and 14 homes pending, only 2 of which are not “short sales” or foreclosures.
Houston Market snapshot for June 2010
The federal tax credit stimulated the houston real estate market the earlier part of this year. Junes sold numbers have leveled out to what we typically see this time of the year. A growing number of homes on the market and a slowdown in number of homes with contracts pending point to a slower few months ahead.
More sales in higher dollar homes have pushed the average home price up but the average days on market remains slightly above where it was last year at 7.3
Sellers in the Houston/Galveston area need to make the most of every showing possible and have their home priced correctly.
The Bay Colony area currently has 105 homes on the market, and 14 homes pending, only 2 of which are not “short sales” or foreclosures.
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