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Houston Luxury Real Estate Articles and insights to the Houston area luxury home real estate market as observed by local luxury home expert Mark A. Fuller.

Real Estate Trends

2009 Annual Market Comparison

There was an 8.2 percent decline in volume of total property sales and total dollar volume tumbled 10.7 percent.  The median single-family home price edged up 0.7 percent in 2009 to $153,000; the average sales price for a single family home was $203,626, down 2.2 percent on a year-over-year basis.

CATEGORIES FULL YEAR 2008 FULL YEAR 2009 PERCENT CHANGE
Total property sales 69,336 63,667 -8.2%
Total dollar volume $13,996,770,410 $12,499,040,325 -10.7%
Average single-family sales price $208,266 $203,626 -2.2%
Median single-family sales price $152,000 $153,000 0.7%