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

September 2013

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National market update

Pending Home Sales Decline in August

WASHINGTON (September 26, 2013) – Pending home sales slowed in August, with tight inventory conditions, higher interest rates, rising home prices and continuing restrictive mortgage credit impacting the market, according to the National Association of Realtors®.
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August Existing-Home Sales Rise, Limited Inventory Continues to Push Prices

WASHINGTON (September 19, 2013) – Existing-home sales increased in August and reached the highest level in six-and-a-half years, while the median price shows nine consecutive months of double-digit year-over-year increases, according to the National Association of Realtors®.
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National housing indicators

Existing home sales ()

5.29*

Existing home median price ()

$199,200

Housing Starts ()

891,200*

New home sales ()

421,000*

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

National economic indicators

Home ownership

2nd Qtr 13

65.0%

2nd Qtr 12

65.5%

The homeownership rate in the second quarter 2013 (65.0 percent) was lower than the second quarter 2012 rate (65.5 percent). The homeownership rate in the South was lower than the corresponding second quarter 2012 rate, while the rates in the Northeast, Midwest, and West were not statistically different from the rates a year ago.

New home sales

Aug 13

+7.9%

July 13

-14.1%

Sales of new single-family houses in August 2013 were at a seasonally adjusted annual rate of 421,000. This is 7.9 percent (+/- 14.6%)* above the revised July 2013 estimate of 390,000.

Source: U.S. CENSUS BUREAU

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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 fell in Oct 017 with 823 Homes Sold VS 901 in Sep 017 or (-8.8%). Average single family home prices up (+1.5%) or $303,124 in Oct 017 VS $302,672 in Sep 017. Inventories (listings) steady in Oct. 017 VS Sep 017. (see link) Read more

The Houston single family Housing Market fell in Oct 017 vs Sept 017. Aug 017 saw losses due to hurricane Harvey. The year 2017 continues to outpace 2016's record performing year. (see Link). New Jobs are still credited for a record setting year Read more

Houston Single Family home sales fell (-7.7%) in Oct 017 with 6,381 sold vs 6,913 sold in Sep 017. Average home prices fell (-2.0%) in Oct 017 to $285,858 VS $291,767 Sep 017. Rentals and listings (inventory) was positive in Oct 017 but the average monthly rental rates fell to $1,776 Read more

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Existing Home Statistics

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