Michael Ryan Your Realtor at RE/MAX Compass here, with your December 2017 Houston Market Update!
November saw a little over 15,563 homes come on the market as new listings, totally 51361 homes active on the market, of with 10,458 homes sold. We are currently seeing 4.9 months of inventory over the whole market. This helps us keep a pulse on the health of the real estate market.
Demand for rentals is still up, with demand especially for townhomes and condos growing 34% from last month. Are you looking for a place to rent next year? Get with me and we can get things rolling for you.
That’s your Monthly Real Estate market update for December 2017. If you are thinking about making a move, whether, reach out to me. You can call or text me on my cell phone at (713) 591-6368 or email me at Michael@MichaelSellsHouston.com.
To shop for homes or find out what your home may be worth check out my website MichaelSellsHouston.com for the most up to date data and information.
Thanks for watching! Have a Merry Christmas and a Happy New Year!