Inventory Challenges Continue In Spring Texas

Dated: May 27 2017

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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.



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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!

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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....

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