April Monthly Market Comparison
The Houston real estate market saw across-the-board gains in all measurements during the month of April, with single-family home sales, total property sales, total dollar volume, inventory and pricing all up compared to April 2016.
Month-end pending sales for single-family homes totaled 8,381, up 15.0 percent compared to last year. Total active listings, or the total number of available properties, jumped 13.5 percent from April 2016 to 39,567.
Single-family homes inventory grew from a 3.6-months supply to 4.0 months. For perspective, housing inventory across the U.S. also currently stands at a 3.8-months supply, according to the latest report from the National Association of Realtors (NAR).
| CATEGORIES | APRIL 2016 | APRIL 2017 | CHANGE |
| Total property sales | 7,694 | 8,014 | 4.2% |
| Total dollar volume | $2,050,177,042 | $2,216,093,233 | 8.1% |
| Total active listings | 34,855 | 39,567 | 13.5% |
| Single-family home sales | 6,387 | 6,583 | 3.1% |
| Single-family average sales price | $278,658 | $291,770 | 4.7% |
| Single-family median sales price | $218,000 | $228,000 | 4.6% |
| Single-family months inventory* | 3.6 | 4.0 | 0.4 mos. |
| Single-family pending sales | 7,289 | 8,381 | 15.0% |
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