Notes

The 9-Minute Rule for Houston-area housing market red-hot in July but couldn't beat


<h1 style="clear:both" id="content-section-0">The Definitive Guide for Mark Dimas Properties<br></h1>
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<p class="p__0">The Houston-area housing market saw 13 consecutive months of positive sales concern an end in July due to what the Houston Association of Realtors described as a statistical abnormality. A rise in pandemic-delayed house closings in July 2020 set local realty records "that were no match for even the robust pace of the existing market," according to the Houston Association of Realtors.</p>
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<p class="p__1">1 percent year over year to 10,159 systems sold, the Houston Association of Realtors reported. Total residential or commercial property sales for the month amounted to 12,383-- the 3rd biggest volume of perpetuity. All-in-all, overall dollar volume for the month increased 11. 4 percent to $4. 5 billion. On a year-to-date basis, local house sales in 2021 presently go beyond 2020s record pace by 19.</p>
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<img width="460" src="https://i0.wp.com/www.texas-homes.com/sites/default/files/styles/neighborhood_teaser/public/2021-02/ParkPlace-STU_web_0.jpg?itok=zwlhsI-u">
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://s29980.pcdn.co/wp-content/uploads/sites/7/2017/01/HAR-houston-realtor-real-estate-single-family-december-rent-inventory-condominum-foreign-failure.png" alt="Houston properties, Houston Open Houses, and New Houston Listings"><span style="display:none" itemprop="caption">450 Overlook Drive, Friendswood, TX 77546 - HAR.com</span>
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<p class="p__2">High-end home shopping controlled the market in July. The high-end section, homes priced at or above $750,000, saw an 36. 7 percent boost in sales. Residences priced $500,000-$ 749,999 saw an 18. 7 percent boost; and homes priced $250,000 -$ 499,999 saw a 12 percent increase. Ad, The surge in high-dollar home buying pushed pricing to record levels.</p>
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<h1 style="clear:both" id="content-section-1">The 10-Minute Rule for hartv - YouTube<br></h1>
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<p class="p__3">The average list prices rose 15. 3 percent to $389,197, and the typical list prices climbed up 13. 9 percent percent to $309,910-- the second greatest behind last month's record-setting figures. Single-family home inventory in July 2021 increased to a 1. 8-months supply-- the greatest supply of houses the marketplace has actually had this year.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="http://photos.harstatic.com/193801548/hr/img-1.jpeg?ts=2021-02-25T16:" alt="3927 Riley Street, Houston, TX 77005 - HAR.com"><span style="display:none" itemprop="caption">Living Houston Real Estate LLC - HAR.com</span>
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<p class="p__4">Months of stock approximates the number of months it would take to sell all the active home listings on the marketplace today based on the pace of sales over the past year. Relatively, Need More Info? stands at a 2. 6-months supply, according to the current National Association of Realtors report.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://is5-ssl.mzstatic.com/image/thumb/Purple123/v4/2f/9f/c7/2f9fc7bf-9006-d3e7-3fe4-7c26704b6da2/pr_source.png/300x0w.jpg" alt="HAR: Houston home prices at record highs, inventory still at all-time lows in March 2021 - Houston Business Journal"><span style="display:none" itemprop="caption">HAR.com - LinkedIn</span>
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<p class="p__5">Advertisement" We understand anecdotally that the Houston genuine estate market is still red-hot, however the stats make it seem slower than a year ago because of the surge in house closings that took place last July when the marketplace started to stabilize with the lifting of pandemic-related limitations," HAR Chairman Richard Miranda said in a declaration.</p>
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