Houston is continuing its incredible run of value stability.
List prices in November were up 4.3% year over year to just over $435,000
Keep in mind, most sold homes transact within 3-4% of list price so we're still incrementally moving upward with home values.
This is in the face of a 23.9% increase in the inventory! 30,927 properties are currently available for sale with more than 11,500 NEW listings hitting the market last month.
If we can see the interest rates cooperate a little bit, I am looking forward to a VERY robust 2025 for the Houston Real Estate market!
If you're thinking about selling a Houston home next year, please feel free to call me anytime. I'd like to help you game plan to prepare your house for the market so you can achieve the maximum proceeds from your sale.
