January marks the eighth consecutive month of increased home sales
HOUSTON – (February 21, 2012) — The Houston housing market held to positive territory as 2012 began, with January marking the eighth consecutive month of increased home sales. The year also opened with a continued decline in active property listings and growth in pending sales—a combination that signals a healthy market with a balanced supply of housing inventory, and that puts Houston on enviable footing compared to many other markets around the U.S. that are slowly recovering from the housing downturn.
January sales of single-family homes climbed 9.2 percent versus one year earlier, according to the latest monthly data prepared by the Houston Association of REALTORS® (HAR). All segments of the housing market grew except the luxury segment—those homes priced from $500,000 and above—whose decline flattened the overall average price.
"The January report shows continued strength in the Houston housing market that we began seeing in the latter part of 2011, and it gives us cause for optimism as we look ahead to the typically active spring and summer buying months," said Wayne A. Stroman, HAR chairman and CEO of Stroman Realty. "We have also seen more jobs being filled locally and you generally don't experience a strong real estate market without healthy employment."
January's single-family home median price—the figure at which half of the homes sold for more and half sold for less—rose 0.9 percent year-over-year to $139,900. The average price of $194,765 was statistically unchanged from January 2011.
Foreclosure property sales reported in the Multiple Listing Service (MLS) increased 22.0 percent year-over-year in January. Foreclosures comprised 27.8 percent of all property sales, which is higher than the 2011 average of 21.0 percent. The median price of foreclosures in January was flat at $82,550.
January sales of all property types in Houston totaled 3,632, up 4.8 percent compared to January 2011. Total dollar volume for properties sold during the month rose 5.9 percent to $683 million versus $645 million one year earlier.
The month of January brought Houston's overall housing market positive results when all sales categories are compared to January 2011. Total property sales and total dollar volume rose on a year-over-year basis. The median price rose while the average price was flat.
Month-end pending sales for January totaled 3,164. That is up 6.0 percent from last year and suggests another positive month of sales when the February figures are tallied. The number of available properties, or active listings, at the end of January declined 15.1 percent from January 2011 to 42,067. The inventory of single-family homes dropped to its lowest level since December 2009—5.7 months, compared to 7.2 months one year earlier. That means it would take 5.7 months to sell all the single-family homes on the market based on sales activity over the past year. The figure is significantly better than the national inventory of single-family homes of 7.2 months reported by the National Association of REALTORS® (NAR). These indicators all continue to reflect a balanced real estate marketplace for Houston.
| CATEGORIES | JANUARY 2011 | JANUARY 2012 | PERCENT CHANGE |
| Total property sales | 3,467 | 3,632 | 4.8% |
| Total dollar volume | $645,477,929 | $683,494,880 | 5.9% |
| Total active listings | 49,523 | 42,067 | -15.1% |
| Total pending sales | 2,984 | 3,164 | 6.0% |
| Single-family home sales | 2,792 | 3,049 | 9.2% |
| Single-family average sales price | $195,295 | $194,765 | -0.3% |
| Single-family median sales price | $138,700 | $139,900 | 0.9% |
| Months inventory* | 7.2 | 5.7 | -21.1% |
January sales of single-family homes in Houston totaled 3,049, up 9.2 percent from January 2011. This marks the eighth consecutive monthly increase. <!-- First Image Chart w/Text -->
Broken out by segment, January sales of homes priced below $80,000 rose 6.4 percent; sales of homes in the $80,000-$150,000 range climbed 12.4 percent; sales of homes between $150,000 and $250,000 were up 17.6 percent; sales of homes ranging from $250,000-$500,000 advanced 4.8 percent; and sales of homes that make up the luxury market—priced from $500,000 and up—declined 2.1 percent.
At $194,765, the average price of single-family homes was statistically unchanged from last January, resulting from the lower volume of luxury home sales. At $139,900, the median sales price for single-family homes rose 0.9 percent year-over-year. The national single-family median price reported by NAR is $164,500, illustrating the continued higher value and lower cost of living available to consumers in Houston.
HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In January 2012, existing home sales totaled 2,594, an 8.1 percent increase from January 2011. The average sales price declined 1.4 percent from last year to $181,310 and the median sales price also declined 1.4 percent to $125,000.
The number of townhouses and condominiums that sold in January fell 6.2 percent compared to one year earlier. In the greater Houston area, 271 units were sold last month versus 289 properties in January 2011.
The average price dipped 3.1 percent to $137,626 from January 2011 to January 2012. The median price of a townhouse/condominium declined 9.6 percent to $96,050.
Single-family home rentals rose 15.3 percent compared to one year earlier and year-over-year townhouse/condominium rentals climbed 15.6 percent. This is consistent with increases in the leasing market recorded throughout 2011.
for more information on Pearland Homes For Sale visit our website www.mypearlandmls.com
The computerized Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by REALTORS® throughout Harris, Fort Bend and Montgomery counties, as well as parts of Brazoria, Galveston, Waller and Wharton counties. Residential home sales statistics as well as listing information for more than 50,000 properties may be found on the Internet at http://www.har.com.
The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.
The MLS does not verify the information provided and disclaims any responsibility for its accuracy. All data is preliminary and subject to change. Monthly sales figures reported since November 1998 includes a statistical estimation to account for late entries. Twelve-month totals may vary from actual end-of-year figures. (Single-family detached homes were broken out separately in monthly figures beginning February 1988.)
Founded in 1918, the Houston Association of REALTORS® (HAR) is a member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. It is the largest individual dues-paying membership trade association in Houston as well as the second largest local association/board of REALTORS® in the United States.
Considering buying a new home in Sedona Lakes? Don't go it alone !
Use an Exclusive Buyer Agent to help you.
New home builders love Exclusive Buyer Agents. They help facilite the transaction from start to finish and make it easier on the home builder.
Good for the Home BUYER - Exclusive Buyer Agents help negotiate the best deal for their clients. As trained and experienced new home representitaves, they know how to negotiate with home builders.
Construction Process - Exclusive Buyer Agents are also highly trained on the home construction process. They ensure the home is built to their client's specifications and assist with key inspection periods. They also advise on upgrades and options that will be the most beneficial to the market value of the home.
Inspections - There are three very important inspection times during a new home build. Foundation, pre-sheetrock, and final inspection. These inspection are performed by a third party home inspector working for the home buyer. Exclusive Buyer Agents help coordinate the ideal inspection times in order to catch any flaws before the next building stage.
How much does an Exclusive Buyer's Agent cost the buyer ? Nothing. In all new home builds, and even inventory homes, there is a built in commission that is paid by the home builder. It never reflects the cost of the home. In most all cases, the home buyer actually saves money by using an Exclusive Buyer's Agent.
You need a new homes expert on your side looking out for your best interests. Contact an Exclusive Buyer's Agent for your new home buying consultation.
Sedona Lakes is a master planned community in Manvel Texas and is part of the greater Pearland area. Sedona Lakes is located right off hwy 288, right next to Pearland.
From the $300s to the $390s
2,700 sq. ft. to 3,900 sq. ft.
60' Homesites From the $230s to $390s
2,100 sq. ft. to 3,200 sq. ft.
80' Homesites From the $350s to the $430s
3,200 sq. ft. to 4,700 sq. ft.
From the $220s to the $370s
2,200 sq. ft. to 3,900 sq. ft.
From the $370s to the $440s
3,200 sq. ft. to 5,100 sq. ft.
The Villages at Mary's Creek is a gated community in the heart of Pearland. located right next to the Pearland High School off the Pearland Parkway.
These are the current homes for sale in the Villages at Mary's Creek as of the posted date. To view all of the current Pearland homes for sale in the Villages at Mary's Creek, visit our website or click on the SEARCH FOR HOMES
When buying a Pearland home, use an Exclusive Buyer's Agent to help negotiate the best deal for you and represent your best interests.
 |
Single-Family | ML #: 84098487 | Status: A | LP: $305,000 |
| County: Brazoria | KM: 615U | Area: 5 - Brazoria County | LP/SF: $ 88.15 | |
| Addr: 2907 GREEN FOREST LN | City: PEARLAND | Zip: 77581-8860 | ||
| Sub: THE VILLAGES AT MARY'S CREEK | Year Built: 2004/Appraisal District | |||
| Listing Firm: Prudential Gary Greene, | ||||
| SqFt: 3460/Appraisal District | <!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 / 4 | FB/HB: 3/1 | ||
| Style: Traditional | Lot Size: 9600/Appraisal District | |||
| Garage: 2/Detached Garage | Stories: 2 | Tax w/o Exempt/Yr: $9026/2011 | Tax Rate: 3.3236010000000004 | |
| Dir: Pearland Parkway to left at Entrance of Mary's Creek, First Left Then Right at Boxwood Gate, Left at Green Forest, House on the Right | ||||
| Remarks: Meritage Legacy with custom pool,landscaping,4 bedrooms,3.5 baths,2 living areas,study,gameroom,media & dining.Oversized island kitchen with breakfast bar,computer niche & butler's pantry.The open plan features 2 story ceilings,wide plank wood floors,tile,custom lighting & cabinetry,dual entry staircase & oak banisters.Large guest rooms with walk-in closets.Gated community.Pearland ISD & City Park in walking distance.Near shopping,dining,Beltway 8 Commute.See photos & docs for more. | ||||
 |
Single-Family | ML #: 14035958 | Status: A | LP: $324,000* |
| County: Brazoria | KM: 615U | Area: 5 - Brazoria County | LP/SF: $ 79.74 | |
| Addr: 3313 REDWOOD GROVE ST | City: PEARLAND | Zip: 77581-5679 | ||
| Sub: THE VILLAGES AT MARY'S CREEK | Year Built: 2007/Appraisal District | |||
| Listing Firm: Phyllis Foster Real Estate Ser | ||||
| SqFt: 4063/Builder | <!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 / | FB/HB: 3/1 | ||
| Style: Traditional | Lot Size: 10382/Appraisal District | |||
| Garage: 3/Attached Garage | Stories: 2 | Tax w/o Exempt/Yr: $10308/2010 | Tax Rate: 3.3236010000000004 | |
| Dir: Take Beltway 8 to Pearland Parkway. Continue on Pearland Parkway until you reach the dead end. Take a left on Mary's Village, left on Auburn Woods and right on Redwood Grove. Property is on right. | ||||
| Remarks: Beautiful home with a gorgeous entry and iron staircase. Hardwood floors through out living areas and tile in kitchen. Gourmet kitchen with granite countertops and an abundance of cabinet space. Large backyard with a covered patio. Don't miss the media room with a large screen, projector and surround sound. Large master bath with a separate seating area could be used as a workout room or sitting area. This is a must see! | ||||
 |
Single-Family | ML #: 99225971 | Status: A | LP: $349,900 |
| County: Brazoria | KM: 615U | Area: 5 - Brazoria County | LP/SF: $ 89.99 | |
| Addr: 3311 SEQUOIA LAKE TRL | City: PEARLAND | Zip: 77581-5681 | ||
| Sub: THE VILLAGES AT MARY'S CREEK | Year Built: 2006/Appraisal District | |||
| Listing Firm: RE/MAX Top Realty | ||||
| SqFt: 3888/Appraisal District | <!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 / | FB/HB: 3/1 | ||
| Style: Traditional | Lot Size: 9871/Appraisal District | |||
| Garage: 3/Attached Garage | Stories: 2 | Tax w/o Exempt/Yr: $10635/2011 | Tax Rate: 3.3236010000000004 | |
| Dir: 518 to Pearland Parkway. Take Pearland Parkway to Villages at Mary's Creek ( right behind Pearland High School) . | ||||
| Remarks: Stunning 2 story Wilshire Home in the gated community of Village's At Mary's Creek centrally located in Pearland. Close to High School, Beltway and so much more!! Home has MANY Features .. too many to list them all. Home incl. 4 bedrooms- master down, 3.5 bath, formal living, dining and study downstairs.Gameroom, media room upstairs. Complete room off of the breakfast that is used as bar area, granite in kitchen area, stainless appliances, builts in & more. HUGE Back patio and more! | ||||
| Tue, Feb 7, 2012 10:57 AM | Data Not Verified/Guaranteed by MLS Obtain signed HAR Broker Notice to Buyer Form |
Prepared by: James Potenza |
Sedona Lakes - Manvel (Pearland) new and resale homes for sale. These are the lowest priced homes you will find at Sedona Lakes. The listings are current as of the posted date. Check our website for current listings.
When buying a new home in Pearland or Manvel, make sure you have an Exclusive Buyer's Agent with you when you go to the new home sale office. That will ensure you have the proper representation by a new home buying expert ! Your Exclusive Buyer's Agent will be able to help you negotiate the best deal on a new home and ensure the home is built right.
 |
Single-Family | ML #: 2926758 | Status: A | LP: $278,926 |
| County: Brazoria | KM: 000A | Area: 5 - Brazoria County | LP/SF: $ 111.44 | |
| Addr: 3115 Currant Drive | City: Manvel | Zip: 77578- | ||
| Sub: Sedona Lakes 60s | Year Built: 2012/Builder | |||
| Listing Firm: HomesUSA.com | ||||
| SqFt: 2503/Builder | <!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 / | FB/HB: 3/0 | ||
| Style: Traditional | Lot Size: / | |||
| Garage: 2/Attached Garage | Stories: 1 | Tax w/o Exempt/Yr: $/ | Tax Rate: | |
| Dir: From South Sam Houston Tollway, exit 288 travel South. Take the Bailey Rd-CR101 Exit (just past FM 518) and turn left. Sedona Lakes will be on your right | ||||
| Remarks: Built by Highland Homes, LTD - March completion! ~ 1 Story, 4 bedroom, 3 bath, 2 car garage. Home features include: wood floors, study, elegant stone fireplace, upgraded granite countertops, outdoor living area, oil rubbed bronze fixtures, natural stone exterior, upgraded master bath and much more! | ||||
 |
Single-Family | ML #: 86520411 | Status: A | LP: $279,995* |
| County: Brazoria | KM: 000A | Area: 5 - Brazoria County | LP/SF: $ 97.66 | |
| Addr: 3007 RABBIT BRUSH LN | City: Manvel | Zip: 77578- | ||
| Sub: SEDONA LAKES | Year Built: 2009/Appraisal District | |||
| Listing Firm: BHGRE Anderson Properties | ||||
| SqFt: 2867/Appraisal District | <!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 / | FB/HB: 3/0 | ||
| Style: Traditional | Lot Size: 8555/Appraisal District | |||
| Garage: 3/Attached Garage | Stories: 2 | Tax w/o Exempt/Yr: $3898/2010 | Tax Rate: 2.2180310000000003 | |
| Dir: Take 288 south to CR 101. Exit & take the new bridge to the east. Turn South on Sedona Ln, Turn East on N Sedona Lakes Dr, follow it to Arcacia Ln & go North then go West on Currant to Manzanita turn north then turn West on Rabbit Brush Ln home on Rt | ||||
| Remarks: This home was built by Award Winning Highland Homes. It's a 2 story, 4 bed, 3 bath, dining with butlrs pantry, gmroom, media, 3 car grge, cvrd patio. FlagstoneStone accents. Step up from gameroom to the media room w prewire for surr sound & proj. 2nd bedroom down with full bath. All baths have upg c-tops. Upg carpet throughout with 5in hardwood floors in the dining/Den/Game. Quiet cul-de-sac location with large back yard and room for a pool. Full sprinkler system and beautiful landscaping incl | ||||
 |
Single-Family | ML #: 12708196 | Status: A | LP: $298,239 |
| County: Brazoria | KM: 000A | Area: 5 - Brazoria County | LP/SF: $ 94.53 | |
| Addr: 3114 Currant Drive | City: Manvel | Zip: 77578- | ||
| Sub: Sedona Lakes 60s | Year Built: 2012/Builder | |||
| Listing Firm: HomesUSA.com | ||||
| SqFt: 3155/Builder | <!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 / | FB/HB: 3/0 | ||
| Style: Traditional | Lot Size: / | |||
| Garage: 2/Attached Garage | Stories: 2 | Tax w/o Exempt/Yr: $/ | Tax Rate: | |
| Dir: From South Sam Houston Tollway, exit 288 travel South. Take the Bailey Rd-CR101 Exit (just past FM 518) and turn left. Sedona Lakes will be on your right. | ||||
| Remarks: Built by Highland Homes, LTD - March completion! ~ 2 Story, 4 Bedroom, 3 Full Bath, 2 car garage. Lovely brick and stone exterior, extended master bedroom, media room, game room and study. Master bedroom and guest suite down. Features in the home include: granite counter tops, upgraded carpet, stainless steel appliances, iron staircase spindles, extended outdoor living, upgraded master bath, full gutters, sprinkler system, and much more! | ||||
| Tue, Feb 7, 2012 10:24 AM | Data Not Verified/Guaranteed by MLS Obtain signed HAR Broker Notice to Buyer Form |
Prepared by: James Potenza |
 |
Single-Family | ML #: 9821446 | Status: A | LP: $299,309 |
| County: Brazoria | KM: 000A | Area: 5 - Brazoria County | LP/SF: $ 90.02 | |
| Addr: 3026 Currant | City: Manvel | Zip: 77578- | ||
| Sub: Sedona Lakes 60s | Year Built: 2011/Builder | |||
| Listing Firm: HomesUSA.com | ||||
| SqFt: 3325/Builder | <!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 / | FB/HB: 3/1 | ||
| Style: Traditional | Lot Size: / | |||
| Garage: 2/Attached Garage | Stories: 2 | Tax w/o Exempt/Yr: $/ | Tax Rate: | |
| Dir: From South Sam Houston Tollway, exit 288 travel South. Take the Bailey Rd-CR101 Exit (just past FM 518) and turn left. Sedona Lakes will be on your right | ||||
| Remarks: Built by Highland Homes, LTD - March completion! ~ 2 Story, 4 bedroom, 3.5 bath, formal dining, game room, covered patio, 2 car garage. This home is located on a premium home site with no backyard neighbors! Features include, upgraded tile flooring, upgraded granite kitchen counter tops, maple cabinets in kitchen and all baths, upgraded carpet, iron staircase spindles, stainless steel appliances, full sprinkler system and much more! | ||||
 |
Single-Family | ML #: 59490852 | Status: A | LP: $302,990* |
| County: Brazoria | KM: 653A | Area: 5 - Brazoria County | LP/SF: $ 102.78 | |
| Addr: 3014 Currant Drive | City: Manvel | Zip: 77578- | ||
| Sub: SEDONA LAKES SEC 1 | Year Built: 2011/Appraisal District | |||
| Listing Firm: Darling Homes | ||||
| SqFt: 2948/Appraisal District | <!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 3 / 3 | FB/HB: 3/1 | ||
| Style: Other Style | Lot Size: 7903/Appraisal District | |||
| Garage: 3/Attached Garage | Stories: 1.5 | Tax w/o Exempt/Yr: $525/2010 | Tax Rate: 3.4 | |
| Dir: Exit CR 101 from TX-288. Take CR 101 to first right on Senora Lane into the Sedona Lakes community. For 60 model turn left on Sedona Lakes Dr. to Desert Rose Ct. For 80 model turn right on Sedona Lakes Dr. to Indigo Ct. | ||||
| Remarks: Study, Formal Dining, Gourmet Kitchen is open to Breakfast and Family room with Corner Fireplace. Covered Patio, 3 Car Tandem Garag, Upstairs Game room and Media Room | ||||
| Tue, Feb 7, 2012 10:24 AM | Data Not Verified/Guaranteed by MLS Obtain signed HAR Broker Notice to Buyer Form |
Prepared by: James Potenza |
December marks the seventh consecutive month of increased home sales; 2011 bests 2010 in sales volume and pricing
HOUSTON — (January 17, 2012) — After several months in which home sales figures were skewed by the effects of the 2010 homebuyer tax credit, the Houston real estate market concluded 2011 solidly in the black. December marked the seventh straight month of increased home sales and the month contained a host of indicators suggesting a healthy start to the new year. Prices of single-family homes across Greater Houston for full-year 2011 were up slightly from 2010. The median price reached an all-time high for a December in Houston and months inventory hit its lowest level in two years.
According to the latest monthly data compiled by the Houston Association of REALTORS® (HAR), December sales of single-family homes throughout the Houston market climbed 7.2 percent when compared to December 2010. Positive sales activity was recorded in every segment of the housing market except the luxury segment—those homes priced from $500,000 and above—which was unchanged year-over-year.
The average price of a single-family home was statistically flat at $219,791 compared to December 2010 while the December single-family home median price—the figure at which half of the homes sold for more and half sold for less—rose 1.9 percent from one year earlier to $160,000.
Foreclosure property sales reported in the Multiple Listing Service (MLS) increased 6.1 percent in December compared to December 2010. Foreclosures comprised 20.5 percent of all property sales, remaining consistent with the levels they maintained for much of 2011. December's median price of foreclosures held steady on a year-over-year basis at $82,550.
December sales of all property types in Houston totaled 5,460, up 6.6 percent compared to December 2010. Total dollar volume for properties sold during the month increased 7.5 percent year-over-year to $1.16 billion. On an annualized basis, sales of all property types were up 4.3 percent compared to 2010 levels while total dollar volume rose 5.2 percent to $13 billion.
"2011 ended on a very promising note," said Wayne A. Stroman, HAR chairman and President/CEO of Stroman Realty.""We spent a good part of the year struggling to accurately gauge the market because we were comparing to accelerated sales in 2010 that resulted from the homebuyer tax credit. Once we distanced ourselves from that period, we saw clear indications of a healthy market with a balanced supply of housing inventory and strong pricing—conditions that put Houston in an enviable position compared to many housing markets around the country. The key to sustaining that positive momentum in 2012 will be continued improvement in Houston's employment numbers."
The Houston housing market concluded calendar year 2011 with noteworthy gains in sales volume along with strong pricing. Single-family home sales rose 4.0 percent for the year while sales of all property types increased 4.3 percent. On a year-to-date basis, the average price rose 0.9 percent to $213,723 while the median price ticked up 0.7 percent to $155,000. Total dollar volume for full-year 2011 climbed 5.2 percent to $13 billion compared to full-year 2010.
| CATEGORIES | FULL-YEAR 2010 | FULL-YEAR 2011 | PERCENT CHANGE |
| Single-Family Home Sales | 51,556 | 53,606 | 4.0% |
| Total Property Sales | 61,005 | 63,610 | 4.3% |
| Total Dollar Volume | $12,364,327,660 | $13,012,903,352 | 5.2% |
| Single-Family Average Sales Price | $211,765 | $213,723 | 0.9% |
| Single-Family Median Sales Price | $153,990 | $155,000 | 0.7% |
The month of December brought Houston's overall housing market positive results when all listing categories are compared to December 2010. Sales of single-family homes as well as all property types rose along with total dollar volume. The median single-family price increased to its highest level for a December in Houston while the average price remained unchanged.
Month-end pending sales for December totaled 2,907, up 3.0 percent from last year and a signal that a further increase in demand is likely when the January figures are tallied. The number of available properties, or active listings, at the end of December fell 14.1 percent compared to December 2010. This absorption of housing inventory accounted for a 20.2 percent decline in months inventory to the lowest level since December 2009—5.8 months versus 7.2 months in December 2010. That means it would take 5.8 months to sell all the single-family homes on the market based on sales activity over the past year. The figure is significantly better than the national inventory of single-family homes of 7.0 months reported by the National Association of REALTORS® (NAR). These indicators all continue to reflect a well-balanced real estate marketplace for Houston.
| CATEGORIES | DECEMBER 2010 | DECEMBER 2011 | PERCENT CHANGE |
| Total property sales | 5,122 | 5,460 | 6.6% |
| Total dollar volume | $1,079,022,599 | $1,159,956,192 | 7.5% |
| Total active listings | 49,005 | 42,083 | -14.1% |
| Total pending sales | 2,821 | 2,907 | 3.0% |
| Single-family home sales | 4,295 | 4,604 | 7.2% |
| Single-family average sales price | $220,479 | $219,791 | -0.3% |
| Single-family median sales price | $157,000 | $160,000 | 1.9% |
| Months inventory* | 7.2 | 5.8 | -20.2% |
December sales of single-family homes in Houston totaled 4,604, up 7.2 percent from December 2010. This marked the seventh consecutive increase of 2011. Broken out by segment, December sales of homes priced below $80,000 rose 10.2 percent; sales of homes in the $80,000-$150,000 range were up 3.1 percent; sales of homes between $150,000 and $250,000 climbed 7.3 percent; sales of homes ranging from $250,000-$500,000 advanced 12.8 percent; and sales of homes that make up the luxury market—priced from $500,000 and up—were unchanged. <!-- First Image Chart w/Text -->
At $219,791, the average price of single-family homes was statistically flat compared to last December. At $160,000, the median sales price for single-family homes reached a December high for Houston, rising 1.9 percent year-over-year. That compares to the national single-family median price of $164,100 reported by NAR.
HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In December 2011, existing home sales totaled 3,755, a 7.7 percent increase from December 2010. The average sales price edged up 0.9 percent from last year to $203,253 and the median sales price was flat at $145,000.
December sales of townhouses and condominiums rose 3.2 percent compared to one year earlier. In the greater Houston area, 388 units were sold last month versus 376 properties in December 2010.
The average price climbed 2.5 percent to $173,675 from December 2010 to December 2011. The median price of a townhouse/condominium declined 4.9 percent to $131,750. <!-- Third Image Chart -->
The demand for Houston lease properties that prevailed throughout 2011 continued in December, though at a slower pace. Single-family home rentals rose 12.3 percent compared to one year earlier and year-over-year townhouse/condominium rentals ticked up 0.7 percent.
As HAR reported throughout year, this demand was largely perceived as the result of hiring gains that have drawn consumers to Houston from around the U.S. These consumers may not be prepared or capable of purchasing a home for various reasons, among them tighter mortgage lending criteria. According to the Greater Houston Partnership, as of November 2011, the Houston metropolitan area gained 170,700 net new jobs, recovering 112 percent of the 152,800 jobs lost during the recession.
The computerized Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by REALTORS® throughout Harris, Fort Bend and Montgomery counties, as well as parts of Brazoria, Galveston, Waller and Wharton counties. Residential home sales statistics as well as listing information for more than 50,000 properties may be found on the Internet at http://www.har.com.
The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.
The MLS does not verify the information provided and disclaims any responsibility for its accuracy. All data is preliminary and subject to change. Monthly sales figures reported since November 1998 includes a statistical estimation to account for late entries. Twelve-month totals may vary from actual end-of-year figures. (Single-family detached homes were broken out separately in monthly figures beginning February 1988.)
Founded in 1918, the Houston Association of REALTORS® (HAR) is a member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. It is the largest individual dues-paying membership trade association in Houston as well as the second largest local association/board of REALTORS® in the United States.
 |
|
|
TEXAS BUYER REALTY LLC - HOUSTON EXCLUSIVE BUYER'S AGENTS Pearland-Friendswood-Clear Lake- League City-The Woodlands- Sugarland-Katy-Houston. BUYING A HOME? WE CAN HELP!
Attention Smart Phone Users
Scan this code and take our website with you !
James is a part of a very unique and specialized group of REALTORS ®
If you are looking to buy a home, contact a specialist. It makes sense.
When you buy a home from the listing agent, you have NO representation. They represent the SELLER. It is their job to get the SELLER the highest price and the most favorable terms. They owe their fiduciary duties to the SELLER. They are REQUIRED to tell the seller anything that would benefit them in the negotiation process, including the highest price you are willing to pay.
Other agents claim to be a "buyer's Agent" but they work for an office that SELLS homes, which could create a conflict of interest for the home buyer. Only Agents that work for a Real Estate brokerage that NEVER lists homes for sale can call themselves an EXCLUSIVE BUYER's AGENT. Exclusive Buyer's Agents work soley for the buyer to get them the best price and most favorable terms. James also pre-inspects homes for his clients and immediatly points out potential problems.
TEXAS BUYER REALTY LLC, located in Friendswood Texas, does not list any homes for sale. That allows James and his team much more time and devotion to his home buying clients while avoiding potential conflicts of interest. Exclusive Buyer's Agents are highly trained in residential home construction and negotiating on behalf of their home buying clients. TEXAS BUYER REALTY LLC is a member of the National Association of Exclusive Buyer's Agents, which enables the company to assist home buying clients more effectively.
Over the years, James has spent a lot of time with home inspectors and has undergone inspection training courses. He has learned how to PRE-INSPECT homes by pointing out problems with residential construction. He feels there is no reason to spend time on a house that has too many costly defects. Some of his clients are pleasantly surprised and sometimes shocked to have a Realtor immediately point out problems to be concerned with. "If there is a problem with a home that could cost my clients a lot of money, I immediatly point it out so we can move on."
James is the broker and owner of TEXAS BUYER REALTY LLC located in Friendswood Texas, Just south of Houston. James' extensive knowledge includes Pearland, Friendswood, Clear Lake, League City and the Houston Bay area. James is also a relocation specialist and has undergone specific relocation training. Through his training and experience, he understands the time sensitive needs required by corporations, third party relocation companies, and especially the relocating client. James also understands the need to help relocating clients "buy right" so that the new home will remain marketable and to have several backup plans in place so that there is no interruption in the relocation process. "Communication is the key to a successful relocation. I keep the entire "team" up to speed on the progress of locating and purchasing a home and carefully listen to the needs of my clients and their corporation."
James holds an Electronic Engineering Technology degree and implements his analytical and methodical skills to enhance the home buying process for his clients. James provides the necessary data and property analysis to his clients so they can make an educated decision. "Without question, my clients know exactly what they are buying." James also brings over 20 years in customer service and management skills to the negotiation table for his clients. James has attended many negotiation courses and combines his knowledge and experience to get the best deal for his clients. He started his Real Estate Career in 1997, as an investor, which taught him the creative financing, buying, and selling aspects of Real Estate. Now, James integrates all of his experience and skills into a complete and highly specialized Real Estate Agent for his home buying clients. He considers himself an expert negotiator for his client's behalf and always has his client's best interest at heart. James takes great pride in finding potential flaws in construction or lack of maintenance in all of the homes he sees.
"Anyone looking to buy a home will benefit from having someone with the experience and skills that James has on their side."
James has lived in the Houston area all of his life and has lived in the Pearland/Friendswood area since 1990. James is a proud father of a beautiful girl that attends Middle School in Pearland ISD. His wife, whom he has been married to for 15 years, is also in the Real Estate industry and is his supportive coach and a wonderful mother. The Potenza's are active members of New Life Lutheran Church in Pearland.
"My clients expect the best and that is what I give them, 100% loyalty and commitment"
James has undergone numerous training courses specifically designed to provide better representation as an Exclusive Buyer's Agent and continues to increase his knowledge in the Real Estate industry.
Read what James' clients have to say about his services
Everyone's situation is different. I will listen to your needs and we can decide the best home buying strategy for you. If it is in your best interest not to buy a home, I will be the first to point this out. It is my policy NOT to hassle or keep calling people in hopes they will buy a home. I will keep in touch periodically to see if there are any questions your may have. I believe in providing superior service as I guide my clients throughout the entire home buying process. My philosophy is very honest and to the point....provide superior service in hopes that you will tell your friends and relatives about my services as my business depends on the many referrals I receive.
Give me a call 832-372-6388 to discuss your home buying plans. You will be pleasantly surprised that I am not a "pushy realtor" and only give out valuable information for your specific needs.
-James
Accredited Buyer's Representative ABR® designation
Member - Real Estate Buyers Agent Counsel REBAC
Member - Houston Association of REALTORS® HAR
Member - Texas Association of REALTORS® TAR
Member - National Association of REALTORS® NAR
Member - National Association of Exclusive Buyer's Agents NAEBA
Board member - Westwood Village Home Owner's Association
Successful Relocation Course participant (ARELLO certified)
Broker/Owner - TEXAS BUYER REALTY LLC
Electronic Engineering Technology Degree
Clear Lake Texas Real Estate Company
Serving Houston, Pearland, Friendswood, Manvel, Clear Lake, Leauge City, Kemah, Seabrook, Webster, The Woodlands, Katy, Sugarland, Kingwood, and the Houston Bay Area.
Broker and Owner of TEXAS BUYER REALTY LLC located in Friendswood, Texas. As an Exclusive Buyer's Agent, James is a part of a very unique and specialized group of REALTORS ®, The National Association of Exclusive Buyer's Agents.
My wife & I recently purchased a home in the Clear Lake area with James Potenza as our homebuyer's agent. We couldn't have asked for a better agent: James was courteous, professional, and patient throughout the entire process (and especially patient when we had our 4-year-old along to look at houses with "Mr. James"!). Since we were moving from out-of-state, we greatly appreciated how he made himself completely available to us during the limited time we had for house-hunting. It was evident that he was sincerely interested in finding a home that met our needs, and not just trying to have us buy a house. He was particularly patient and courteous when we needed to step back and reassess what exactly we were looking for in our next home. Once we had made a decision, he was prompt in submitting the offer and professional in guiding us through the closing process. James Potenza was hands-down the best agent we have ever worked with, and I highly recommend him for anyone looking to buy a home in Houston.
The Visscher's
Clear Lake
We recently closed on a home in Pearland utilizing the assistance of James Potenza as our Buyer's Agent. We couldn't have been happier with anyone else. James proved to be instrumental in guiding us through the entire process from showcasing to closing. James is extremely knowledgeable in market research, is very courteous, and diligent. He genuinely took an interest in us and quickly determined what we were looking for. When we needed breaks he stepped back but more importantly when things got rolling fast, James shown through for us by staying focused on our needs. He helped us find another lender a week before closing after ours had been dragging their feet. James is a professional and we highly recommend him to anyone shopping for a home.
The Kirchoff's
Pearland, TX.
Dear James,
We just wanted to write and thank you for the excellent service you provided during our recent relocation.
We were faced with the overwhelming task of moving to a State we were unfamiliar with; to a city we had never even visited. Because of your expertise and knowledge of the home buying industry and your wonderful user friendly web site this process was relatively stress free. We checked your website often and found it current and extensive making it easy to compare prices and availability in all the districts surrounding our target area. Once we had established a profile of the type of property we were looking for your daily emails of homes fitting our criteria made it fun and easy to weed out the chaff.
The best part was when we actually traveled the 1200 miles for the purpose of making a purchase you realized that time was of the essence and made your self available to us for the entire holiday weekend. Nothing was too much trouble and our every request was met. You had appointments scheduled in advance so as not to waste any of our precious time and had alternative plans when things went awry.
Lastly we would like to thank you for helping us negotiate an excellent deal with the builder of our choice. You facilitated us a contract far in excess of our expectations while keeping everything calm and businesslike. We felt you were truly out to look after our best interests and it was a pleasure to have you as our representative.
In the unlikely event that we will be making another move in this area we would not hesitate to call on your services again and you can be sure that we will be recommending you to anyone we come across needing a homebuyer's agent.
Thank you so much for making our relocation as painless and fun as it could possibly be. We count you as our first new friend that we made in Texas.
Yours truly,
Janet and David Hambleton - League City, TX
James Potenza was on time and on target in helping us find a great house in the limited timeline that we presented him with. He was with us every step of the way, from negotiation to closing, and always ensured that our best interest was a top priority. We ended up with a great house in a great neighborhood and couldn't be happier! A buyers agent is truly the way to go, thanks again James!
Todd and Stacey
League City, TX
James,
Thank you very much for helping Sonya and I find our first home. You are professional, knowledgeable, and we appreciated your honesty. Your attentiveness prompted me to cancel appointments with other realtors I had contacted. You kept us updated and answered all of our questions through out the whole process which kept us at ease. Your research of the area helped us locate the perfect house for us. I will recommend you to anyone in search of a home in your area.
Terrence
Pearland, TX.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2013 ActiveRain Corp. All Rights Reserved
