The level of national real estate activity should subside each week for the remainder of the year. Savvy real estate professionals are not only beginning to plan now for a successful 2018, but they continue to track the trends to see where prices, listings and other metrics are at relative to last year and all past years of available data. Finding reliable patterns in the trends is a sure way to be of greater service to buyers and sellers. Let's see where those trends are in our market.
In the Houston region, for the week ending October 22:
- New Listings increased 6.6% to 2,470
- Pending Sales increased 32.0% to 1,934
- Closed Sales decreased 0.7% to 1,429