Quick Weekly Market Snapshot - Houston Area Real Estate as of Jan 18, 2021

Dated: January 19 2021

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Here’s the weekly Houston Area Real Estate Recap.  Again, it covers the past 7 days including this past weekend ending Monday.

 

If you'd like a longer trend, or more localized study, reach out to me.  I produce many studies for clients to help them make informed decisions.  Lots of info out there

Be sure you have the info handy, or know where to get it when you need it.

 

This week?   Finally more New Listings than Closed

 

This is welcome news to many of my clients looking for that just right property.  We are seeing more homes hit the market each day. 

 

As expected, with mortgage rates so low, and inventory so tight, now is a great time to get your home on the market, or buy a home and lock in a low cost mortgage.   

The well priced homes still enjoy very low days on market.  Just under 25% of all newly listed homes go under contract in less than 5 days. 

That's it.  Short and sweet.

Lots more data, interpretation, and analysis available, but that’s for another post, or by request.

 

Let me know what you’d like to see and I’ll work on getting that to you.

 

As always, reach out to me with any questions or requests.

 

Dave

615-495-7531

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Dave Jensen

Dave’s been active in the real estate market for years, as a consumer, investor, and Realtor. With his deep experience and his position as one of the top producing agents in the Connect family, Dav....

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