News and Features The Plot Thickens

Houston Home Sales and Prices Increase in 2020 Amid Pandemic

Written by Staff

According to Norada Real Estate Investments, Houston home sales and prices were up in 2020 over 2019 price and sales figures.

•  The median list price of homes in Houston, was $310K in October 2020, trending up 12.7% year-over-year.

• Homes priced at $750,000 and upsurged 81.6 percent compared to October 2019. That was followed by the $500,000 to $750,000 housing segment, which jumped 78.4 percent year-over-year.

• Homes listed for under $150,000 once again posted a year over year decline in sales. 

• The sale of single-family homes in October posted a 29.2 percent increase and marks the fifth straight month of positive sales.

Read more:
https://www.noradarealestate.com/blog/houston-real-estate-market/

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Staff