Real Estate Market Report

By
Real Estate Agent with RE/MAX Pearland - Maggie McFarland

 

The Greater Houston Area Market Report May-10
Source: Houston Association of REALTORS�

 

Houston Association of REALTORS reports median single-family home price up 1.3% in May-10 over Apr-10, sales continue to climb to 5,446.

Click here to view additional Market Reports

May-10 Quick Facts:

  • The median price of existing single-family homes increased to $155,000 up 1.3% vs Apr-10
  • Existing single-family home sales increased 2.9% from Apr-10 for a May-10 total of 5,446
  • Condos decreased in price to $134,750 down -6.4% vs Apr-10
  • Existing condo sales increased 9.2% in May-10 over Apr-10 for a total of 584
  View Current Press Release Powered by Clarus MarketMetrics®

 

Single Family Median Home Price
May-09 vs May-10
Clarus MarketMetrics® 06/10/2010

Click to enlarge image

 

The Number of Sold Properties by Month
May-09 vs May-10
Clarus MarketMetrics® 06/10/2010

Click to enlarge image

May-10 Houston Association of REALTORS� Regional Sales and Price Activity

Houston Association of REALTORS� Median Price Percent Change in Price from Prior Month Percent Change in Price from Prior Year Total # Units Percent Change in Sales from Prior Month Percent Change in Sales from Prior Year
  May-10 Apr-10 May-09 May-10 Apr-10 May-09
MLS Wide            
HAR (Single Family) $155,000 1.3% -2.0% 5,446 2.9% 14.8%
HAR (Condo) $134,750 -6.4% 0.6% 584 9.2% 30.9%
             
HRIS Region Cities            
Single Family Only            
Alvin $129,100 9.1% -2.9% 20 -28.6% -13.0%
Baytown $126,000 2.9% 5.9% 94 10.6% 36.2%
Bellaire $485,000 -34.9% -13.8% 15 -11.8% -25.0%
Channelview $81,000 15.7% -4.1% 8 -38.5% -42.9%
Cleveland $74,000 -37.3% 142.6% 9 0.0% 80.0%
Conroe $142,950 -0.1% -1.1% 120 2.6% 16.5%
Crosby $121,750 -3.4% -2.6% 22 22.2% 69.2%
Cypress $162,500 1.6% -2.0% 257 34.5% 38.2%
Deer Park $137,418 0.9% 1.9% 42 5.0% 147.1%
Dickinson $141,500 -7.1% 1.1% 30 -6.3% 20.0%
Fresno $115,000 -12.9% -20.4% 23 27.8% -17.9%
Friendswood $170,000 13.4% 2.1% 75 47.1% 38.9%
Galveston $183,750 -2.0% 41.3% 56 16.7% 60.0%
Houston $140,000 0.7% 0.0% 1,842 1.0% 17.2%
Humble $132,000 3.5% -8.3% 184 -9.4% -0.5%
Hunters Creek $0     0   -100.0%
Huntsville $124,000 5.1% -18.4% 21 23.5% 31.3%
Katy $169,000 1.2% -8.9% 417 3.0% 5.3%
Kingwood $189,900 15.1% -2.3% 59 -9.2% 22.9%
La Marque $97,500 8.9% 31.1% 8 -50.0% -11.1%
La Porte $120,000 1.3% -11.1% 37 19.4% 12.1%
League City $178,577 2.0% -12.9% 120 -12.4% 20.0%
Livingston $105,000 -22.5% 7.7% 13 -27.8% -35.0%
Magnolia $232,225 24.3% 18.5% 71 36.5% 22.4%
Manvel $199,985 13.4% 12.1% 17 -15.0% 41.7%
Missouri City $169,500 -0.9% -0.3% 129 40.2% 44.9%
Montgomery $200,000 2.0% -6.3% 69 -9.2% -10.4%
Pasadena $99,950 12.9% -11.5% 74 17.5% 23.3%
Pearland $179,900 -3.8% 2.8% 151 -17.0% -0.7%
Piney Point $1,500,000     1    
Porter $147,000 -4.5% -3.6% 16 0.0% -23.8%
Richmond $172,005 -2.8% -1.1% 136 7.1% 2.3%
Rosenberg $138,995 -12.6% -0.7% 30 -11.8% 3.5%
Rosharon $152,445 -9.2% 5.1% 19 -20.8% -9.5%
Santa Fe $119,250 -2.6% -13.6% 12 71.4% 140.0%
Seabrook $182,561 -4.7% -9.6% 15 -6.3% -34.8%
Spring $155,000 0.0% -2.5% 374 -2.9% 13.0%
Sugar Land $225,000 0.0% 2.3% 184 14.3% 22.7%
Texas City $93,000 16.3% 24.0% 24 4.3% 4.3%
The Woodlands $290,000 5.1% -6.5% 127 16.5% 3.3%

Single Family = Single-Family, Patio Home, Duplex, Historic, Free Standing
Condo = Townhouse/Condo
Reports generated from Clarus MarketMetrics

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Rainmaker
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Marc Swartz, CPA, CA, Real Estate Broker
Royal LePage Vision Realty, Brokerage, Direct: (416) 737-9800, Office: (416) 321-2228 - Toronto, ON
Toronto, Durham & York Regions, Ontario, Canada

Maggie - It's great to see that sales and prices are improving in Houston!

Jun 25, 2010 07:50 AM #1
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Maggie McFarland

Pearland Realtor, Homes for Sale in Pearland Texas
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