HAR reports that Houston is seeing more homes on the housing market

As it stands right now, the median price declined 0.9% year over year in February to $322,078. Homes have also been spending more time on the market this February compared to last February—the average days spent on the market for a home went from 60 to 69 days, which is the highest it’s been since March 2013, when the average time was 74 days, according to the report.

By the numbers

In the $250,000 to $499,999 price range, sales slowed down, despite the range accounting for more than half of all homes sold in February, per the report. On the other end, all other price ranges outside of this segment showed growth.

According to the HAR report, single-family home sales performed as follows:

• $1-$99,999: increased 36.6%
• $100,000-$149,999: increased 23.6%
• $150,000-$249,999: increased 12.2%
• $250,000-$499,999: decreased 9.9%
• $500,000-$999,999: statistically flat
• $1 million and above: increased 9.5%