The average price of single-family homes in December was $219,214, an increase of 15.1 percent from one year earlier. That represents the third straight monthly jump in the average price, which reached the second highest level for all of 2009 and the highest for a December in Houston.
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| December sales of single-family homes in Houston totaled 4,456, down 2.1 percent from December 2008. This is the first decline in sales volume since last August. |
HAR also reports existing home sales statistics for the single-family segment of the real estate market. In December 2009, existing single-family home sales totaled 3,611, a 3.0 percent increase from December 2008. At $138,950, the median sales price for existing homes in the Houston area rose 7.7 percent compared to last year. The average sales price of $202,019 shot up 19.7 percent from its December 2008 level.
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