Single Family Home Sales in Houston's Tanglewood Neighborhood Surge In Third Quarter

Single family homes sales in Houston's Tanglewood neighborhood surged in the third Quarter. Sales in Tanglewood had lagged behind other areas of the city during the first six months of 2009. In the third quarter, 24 homes were sold, a 33.3% increase over the third quarter 2008. During the first six months of 2009 only 14 homes were sold. In Tanglewood, as in every area of the Houston MLS homes over $2 million are not selling. Homes between $750,000 and $1 million increase 200% and homes between $1 million and $2 million increased 71.4%. Sales of homes over $2 million declined 57.1%.

The detailed statistics are: