The Houston Market looks like it has improved in the last month. We have a drop of 18.27 compared to March 2008. While this may sound bad but its better than the 25.61% and 24.6% drops we saw the last two months. Average prices are 10% less than what we saw a year ago. This is roughly in line with what we have been seeing recently. One of the most positive developments for the Houston market is the number of listings has dropped.
Inside Houston Real Estate operates in Houston Texas. Their Houston real estate blog covers market statistics and other news in the Houston market.
The Houston real estate market saw a slight gain in February going from 3065 sales last month to 3762 sales this month. If we compare to two years ago it looks like the market slightly improved. This month we saw a 31.91% decrease in sales compared to two years ago while in January we saw a 34.02% decresase compared to two years ago.
Average prices are down 10.5% this month. Although prices are still down this is an improvement from last month when prices were down 12.04% year over year.
More statistics are posted on our Houston Real Estate Blogalong with information about Houston real estate and Houston Schools
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