Property Management Blog

2019 year end market update

By Complete Property Services Tuesday, March 24, 2020

Low mortgage interest rates, healthy employment growth and a stable supply of homes created fertile ground for the Houston real estate market, which blossomed to record levels in 2019. Single-family home sales for the full year surpassed 2018’s record volume by nearly...

2018 year end market update

By Complete Property Services Tuesday, January 15, 2019

While the Houston market set records for all of 2018, its momentum is slowing. While the number of sales in 2018 was up 3.8%, and sales dollar volume up a whopping 21.5%, December sales compared to 2017 dropped 4.1%. The median price of homes sold in December was $240,000, up 3.3...

Houston Real Estate Continues to Outpace 2017 Record Volume in July

By Complete Property Services Tuesday, August 14, 2018

Excerpted from HAR’s 08/08/2018 press release Glenn A. DicksonHome sales and prices reach record highs8109 single-family homes sold in July compared to 7,433 a year earlier, representing a 9.1% increase. On a year to date basis, home sales are 3.4% ahead of 2017’s rec...

Houston Real Estate Has a Spring in its Step in April

By Complete Property Services Wednesday, May 9, 2018

Excerpted from HAR’s 5/10/2018 press release Glenn A. Dickson Home sales and rentals rebound and prices reach record highs After a sluggish March, the Houston real estate market rebounded in April with a nearly seven percent jump in home sales and the highest average and ...

Houston Real Estate Market Update as of December 31, 2017

By Complete Property Services Wednesday, January 10, 2018

Excerpted from HAR’s 1/10/2018 press release Glenn A. Dickson HOUSTON — (January 10, 2018) — Despite the devastating assault that Hurricane Harvey waged on the greater Houston area last summer – from which many property owners are st...

Houston Real Estate Market Finally Shows Softening July 31, 2017

By Complete Property Services Thursday, August 10, 2017

The Houston market rose for its tenth consecutive month of July, but prices are showing signs of moderation. We now have a 4.5 month supply of housing for sale which is the highest in five years. We currently have 44,299 properties for sale, up 16.7% from July of 2016. The media...

Houston Real Estate Market Update as of May 31, 2017

By Complete Property Services Monday, June 12, 2017

The Houston market is on course to be the strongest ever in 2017. We now have a 4.1 month supply of housing for sale, compared to 3.4 months a year ago, as rising prices bring more property to the market. We currently have 41,257 properties for sale, up 17.4% from May of 2016. ...

Houston Real Estate Market Update as of February 28, 2017

By Complete Property Services Wednesday, March 8, 2017

The Houston market continues its rebound in 2017. 2016 ended setting new sales records both in number of properties (89,296, +2.3%) and dollar volume ($24.55 B, +4.2%) sold. Higher priced homes above $500K have especially rebounded. We now have a 3.5 month supply of housing for s...

Houston Real Estate Market Update as of December 31, 2016

By Complete Property Services Monday, January 16, 2017

The Houston market has rebounded from slower sales through most of the year. 2016 ended setting new sales records both in number of properties (89,296, +2.3%) and dollar volume ($24.55 B, +4.2%) sold. Higher priced homes above $500K have especially rebounded. We now have a 3.2 mo...

Houston Real Estate Market Update October 2016

By Complete Property Services Sunday, November 20, 2016

The Houston market remains steady, having weathered the energy downturn and now slowly recovering. Year to date sales up 1.2% compared to this point in 2015. We now have a 3.8 month supply of housing for sale, compared to 3.5 months a year ago. The national average is 4.6 months...

Get Started Here!