Single-family home sales in Houston increased in January for the fifth consecutive month, according to the Houston Association of Realtors’ January Housing Update released Feb. 14.

Sales rose 1.2% from 5,002 last January to 5,064 this January, according to the report.

The details

The report also found:
  • Total property sales increased 1.3% year over year
  • Total active listings rose 26.3% year over year
  • The average single-family home sale price ticked up to $406,492, a 4.4% increase year over year
Total dollar volume, or the sum of the sale prices of all transacted homes, climbed 8.9% to $2.5 billion, according to the report.

Also of note


According to the report, sales in October for homes priced between:
  • $1-$99,999 decreased 4.1%
  • $100,000-$149,999 decreased 10.4%
  • $150,000-$249,999 increased 3%
  • $250,000-$499,999 decreased 1.6%
  • $500,000-$999,999 increased 8.1%
  • $1 million and up increased 20.7%
What they’re saying

“We're seeing a healthy balance in the Houston housing market as we head into the traditionally busy spring and summer months,” HAR Chair Shae Cottar said in the release. “Inventory is in a good place to handle the expected uptick in buyer demand. Interest rates will remain a factor, but the market fundamentals are strong.”