Another review from one of Sheila’s pleased clients….
Houston home sales up nearly 30%
Houston’s housing market began 2013 with its 20th consecutive month of positive home sales, which increased nearly 30 percent year over year, the Houston Association of Realtors reported Tuesday.
In January, single-family home sales totaled 3,899, up 28.3 percent from January 2012. Sales of all property types totaled 4,680, up 29.1 percent from a year ago.
The average price and median price for single-family homes reached their highest levels for a January in Houston. The average price increased 3.4 percent year over year to $200,296, while the median price was up 7.2 percent to $150,000.
The total dollar volume for all properties sold last month jumped 33.6 percent year over year to more than $908.5 million. While all segments saw sales increase, homes priced from $250,000 through the millions experienced the biggest growth in sales, HAR noted.
Forward-looking indicators continued to improve, as well. Total pending sales at the end of January were up 13.5 percent year over year, and active listings were down 20.3 percent from January 2012.
Meanwhile, the inventory of single-family homes maintained a 13-year low. Inventory decreased 36.2 percent year over year to 3.6 months, matching a level last seen in December 1999.
“The Houston real estate market gained even more momentum as the new year began,” HAR Chairman Danny Frank, with Prudential Anderson Properties, said in a statement. “We are maintaining a watchful eye on the local housing supply because a significant decline from current inventory levels could potentially have an adverse effect on sales and drive prices disproportionately higher.”
To contact Sheila for local market conditions in Montgomery County, call 713 594-7391 or email her Sheila@SheilaDowell.com.
December 7, 2012
Michael & Pam Forde
102 Monterrey Pines Drive
Montgomery, Texas 77318
Re: Sale of 86 Racing Cloud Court
To Whom It May Concern:
From pre-listing through closing, Sheila demonstrated her professionalism, experience and education. She helped us decide the best time to list and how to prepare our home to show its best. The listing photos and Sheila’s description of our home and its features were key to enticing buyers to come take a look – even from overseas! Her industry knowledge and professionalism overcame a difficult appraisal and inspection process, ultimately finding us the perfect buyer at our list price. Thank you so much, Sheila. You are the best!!
Michael & Pam Forde
If you are considering buying or selling your home, call Sheila Dowell, a true professional, 713 594-7391. Email: Sheila@SheilaDowell.com
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If you or someone you may know is interested in more information or would like to schedule a private showing, contact Sheila Dowell by phone, 713 594-7391, or email Sheila@SheilaDowell.com