Houston Home Prices Down in September
Briefly

Houston Home Prices Down in September
"In September, home prices fell slightly from the month before, with a median listing price of $329,422. Typically, home price per square foot in Houston tend to fall in September. And the most recent data shows that the price per square foot decreased by 0.6% compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in Space City are smaller the national market."
"In September, there were 11,397 homes for sale in Houston, which was 1.4% less than the month before and 25.7% more than the same time last year. Meanwhile, active inventory across the nation rose by 0.2% from last month to 1,100,407. Homes in Houston take an average of 53 days to sell, according to September figures. This is three days more than the previous month and seven days more than the same month last year."
Median listing price in September was $329,422. Price per square foot in Houston decreased 0.6% month-over-month, while national price per square foot decreased 0.8%. There were 11,397 homes for sale in Houston in September, a 1.4% decline from the prior month and a 25.7% increase year-over-year. Active inventory nationally rose 0.2% from last month to 1,100,407 listings. Homes in Houston averaged 53 days on the market in September, three days longer than the previous month and seven days longer than the same month last year. Nationally, homes averaged 62 days on the market in September.
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