Things are Looking Way-Up for Houston Area Real Estate

Winter is usually a tough time for real estate, but there is much to be excited about regarding the housing market of the greater Houston area. How have the number-crunchers determined such uplifting statistics? They base their prognosis on January 2011 numbers, which are far from bleak. Here is what Houston Area Realtors has released regarding the improved housing market:

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The New Year Ushers In Houston's First Increase In Home Sales In Seven Months

The latest MLS release with January 2011 residential sales statistics has been posted in the HAR Newsroom. Please click HERE to read the release. It will be distributed to the media today so it will likely be reported in the newspapers and on TV, radio and the Internet in the next couple of days. For your convenience, you may also view the video of HAR Chairman Carlos P. Bujosa discussing the statistics embedded within the release.


In an effort to keep our members as informed as possible about the real estate market, we wanted to make you aware of the latest statistics. Obviously, it is important to remember that "all real estate is local," and these figures are for the aggregate of the greater Houston area. That is why we strive to encourage all consumers to seek the guidance and assistance of their REALTOR® who has the most experience and market knowledge about their particular localized market.

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The housing market in the towns and communities north of Houston certainly reflect this as well:

• For Spring, the median price of existing single-family homes fell to $139,950 - down -8.3% December to January.
• The Woodlands rose dramatically to a median price of $329,450, +21.1% December to January.
• In Conroe, the median price rose 4.1% to $159,000
• Montgomery  rose to a median price of $235,000, that is up +34.3% December to January. 
• Willis, TX rose to $116,900 median home selling price, up 21.1% from December to January.

So, for those homeowners in the Houston area who have been putting off the sell of their property for brighter days, the sun appears to be rising. For more great tips on accomplishing a successful and profit-maximizing sale, check out Lauri Kent's How to Sell Your Home page for some important tips, and please enjoy browsing Lake Conroe Realty Now for all the beautiful Lake Conroe waterfront homes for sale, and other excellent properties for sale north of Houston.