Peter Johnson, Realtor

Century 21 Realty Partners

9385 Hickory Hills Dr
Montgomery, TX 77316

Cell: 936-524-4397   
Phone: 936-524-4397 
Fax: 832-934-2292

Housing Trends

July 2017

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National market update

Existing-Home Sales Rise 1.1 Percent in May; Median Sales Price Ascends to New High

WASHINGTON (June 21, 2017) — Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on the market to a new low, according to the National Association of Realtors®. All major regions except for the Midwest saw an increase in sales last month.

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America's 20 Hottest Real Estate Markets for June 2017

Are you ready for the housing market's Endless Summer? At least it might feel endless, because there seems to be no end in sight for the national housing shortage now that we're waist-deep in the busiest season for buying and selling, according to a preliminary analysis of June data by®.

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National housing indicators

Existing home sales (May)

5.62 millions units*

Existing home median price (May)


Housing Starts (May)

1.092 millions units*

New home sales (April)


*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

1st Quarter 2017


1st Quarter 2016


The homeownership rate of 63.6 percent was not statistically different from the rate in the first quarter 2016 (63.5 percent) or the rate in the fourth quarter 2016 (63.7 percent).

New home sales

April 2017


May 2017


Sales of new single-family houses in May 2017 were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 2.9 percent (±13.0 percent)* above the revised April rate of 593,000 and is 8.9 percent (±21.9 percent)* above the May 2016 estimate of 560,000.


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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Peter Johnson, Century 21 Realty Partners

Montgomery County Single Family Home Sales rose in May 017 with 1,079 Homes Sold VS 829 in Apr. 017 or (+30%). The average single family home prices rose (+2.9%) or $295,433 in May 017 VS $287,031 in April 017. Inventories (listings) rose in May 017 VS Apr. 017 (+3.7%) (see link) Read more

The Houston Real Estate and single family Housing Sales and Rental Market continues to outpace 2016's record performance in Jun 2017 with both a rise in sales and pricing(see Link). New Jobs and higher inventories are credited for this upswing Read more

Houston Single Family home sales rose (+3.1%) in Jun 017 with 8,414 sold VS 8,156 in May 017. Average home prices rose in Jun 017 (+0.6%)to $304,155 VS $302,362 in May 017. Rentals and listings (inventory) increased in Jun. 017. The average monthly rental rose to $1,698 in Jun Read more

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Consumer tips & hot properties


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These Organizing Mistakes Can Make Your Home Messier

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Existing Home Statistics

View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.