Nevertheless, the figure is at its highest level since last September. The median price of single-family homes in April was $149,050, without variation from one year earlier. The national single-family median price reported by NAR is $175,200, illustrating the continued higher value and lower cost of living that prevail in the Houston market.

April sales of single-family homes in Houston totaled 4,200, down 22.5 percent from April 2008, and accounted for the 20th consecutive monthly drop. After several months of double-digit increases, year-over-year sales of single-family homes priced at $80,000 and below dipped 2.1 percent in April, reflecting the slowdown in foreclosure-related transactions.

HAR also reports existing home statistics for the single-family home segment of the real estate market. In April 2009, existing single-family home sales totaled 3,519, a 21.8 percent decrease from April 2008. At $178,141, the average sales price for existing homes in the Houston area fell 5.2 percent compared to last year. The median sales price of $139,000 for the month was unchanged from one year earlier.

Mark Fuller is an Expert Luxury Home Buyer's Representative Spcializing in the sale and marketing of Luxury Homes in the Houston Texas area. He can be reached at the following places:

Email: Homes@markfuller.net

Direct Office - 713-470-2161

Web: http://www.luxuryhomeshoustontexas.com/