Houston Real Estate Market Trends - July 2023
By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
š¢ Exciting news for buyers and sellers in Houston, Texas! Here's the latest market update for July 2023. š
š The current Months Supply of Inventory stands at 2.69, indicating a healthy balance between supply and demand. Over the past 12 months, we've seen a significant increase of +26.89% in the Months Supply of Inventory, suggesting a growing real estate market. šĀ š° Sellers, take note! The List to Sold Price percentage is an impressive 98.1%. This means that homes in Houston are selling close to their listing price, providing an opportunity for sellers to maximize their return on investment. šµĀ ā³ Buyers, act fast! The median days on market is just 15 days, indicating a competitive market. This means that well-priced and desirable properties are selling quickly. Don't miss out on your dre...
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