Inventory Challenges Continue In Spring Texas

Dated: May 27 2017

Views: 89

Image title

Inventory Challenges Continue...

Some Highlights

  • After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories. 

  • Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800. 

  • New home prices slowed as builders have started to turn their focus toward single family, smaller homes.



Image title


Russell Banki-713-480-0889 REALTOR - Hite Properties, (ALHS) Accredited Luxury Home Specialist (CNE) Certified Negotiation Expert Best Priced Properties Team, Certified Expert Home Buying and Selling Advisors. (CHSA)(CHBA) Ask us about our Smart Home Buying and Selling Strategy. CALL OR TEXT. As local real estate experts in The Woodlands, Spring, Shenandoah, Magnolia, Montgomery, Conroe and Greater North Houston/Houston TX Metro areas we can save you valuable time & money! Contact us today. It would be our pleasure to help you with all your residential/commercial buying, selling or investment needs. Clients First! We believe our clients should feel confident and benefit when purchasing and selling real estate!

Blog author image

Russell Banki REALTOR® ALHS CNE

Russell Banki ALHS, CNE REALTOR Hite Properties Cell: 713-480-0889 Best Priced Properties Team Montgomery & Harris County TX Real Estate Experts Clients First!Treating the relationship with f....

Want to Advertise on this Site?

Latest Blog Posts

Our Inner Loop Listing Sold For Fifty Thousand Above List Price

LISTED at $530K and SOLD for $580K!!We sold our Inner Loop listing for $50K above list price! Our selling clients had previously tried to sell their home for months through another agent with

Read More

Happy Thanksgiving

November is the time to be thankful, a time to remember and to embrace those who enrich our lives. We are thankful for a lot of things, but most thankful for the opportunity to serve our

Read More

Very Happy Selling Clients In Houston TX

Congrats to our selling clients! Thank you for trusting us to get your home sold quickly! Utilizing our 72Sold program they sold their home for full list price with multiple offers second day on the

Read More

Pristine Home For Sale In Panorama Village

Pristine Home for Sale in Panorama Village! 6 Stone Creek Conroe TX 77304 Do not miss this gorgeous 3373 sqft 4/3.5/3 car garage home in #Conroe on the #golfcourse #culdesac

Read More