February sales report for the local market has been published.
I can tell the city is still growing, because despite the mortgage rates not being in anyone's favor these last 18 months, our prices are still creeping upward, and the monthly sales volume is still growing.
Houston had 7% more transactions in Feb 2024 vs 2023.
Average sales price is up from $384,000 to over $400,000.
We also have almost 1,000 additional pending sales going into this April vs 2023.
This time of year always tends to be robust as you have sellers making moves at the end of each school year. Empty nesters have the highest likelihood of moving in the 12-24 months following their youngest child's high school graduation.
So if you're considering selling, we are entering the best time of year to maximize your price. Call me if you want to have a conversation of any kind... even if you think you may be a year or two away.
One of my favorite things to do is preview a listing well in advance so we can advise you on what you may want to do to prepare your home for the highest sale price possible, and still give you some time to do those things and enjoy them.
Interested in starting your home search? Check out our Katy Texas Homes For Sale here.
