The Weekly Report - Houston Area Real Estate Activity - 7days to Jan25

Dated: January 27 2021

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Here's the weekly snapshot of our Houston area real estate market.

Thankfully there were more listings again this past week and more coming soon properties.  And as usual, a little over 23% of new listings went under contract in less than 5 days.

The trend toward more inventory is taking shape. Typical of this time of year. Look to see sharp increases in new listings in Feb and March.  

Also, mortgage rates crept slightly higher last week but 30yr fixed is still below 3% for good credit borrowers.  This level continues to help both sellers and buyers. 

Data always helps.  Know the macro look and then get the hyper local info.  Contact me whenever you’re ready for more area specific info. 

Zip code?  Neighborhood?  School Zone?

Check back next week to see the long run trend info I publish from time to time.  Useful info to remind us of how the market flows.

 

Dave Jensen

615-495-7531 

Connect Realty

The Woodlands

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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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