October MLS Sales Statistics

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Presentation transcript:

October MLS Sales Statistics The October 2013 MLS statistics will be released on Tuesday morning, and here are some quick takeaways: October was the 29th consecutive month of positive sales, with single-family sales volume rising 13.5 percent versus one year earlier. Contracts closed on 6,020 homes and inventory declined slightly to 3.1 months from 3.2 months in September (but down compared to 4.4 months in October 2012). Prices recorded the highest levels for an October, with the single- family home median price reaching $177,500 while the average price was $239,773. Total dollar volume reached $1.7 billion, a 26.7 percent increase over October 2012 ($1.3 billion), and has already surpassed 2007’s record level. For more detailed information, please visit the HAR Online Newsroom for this and all other news releases.

HAR Tool of the Week Member Videos Online video is a major part of the Web experience. Today, more than 146 million Americans view online videos looking at 12.6 billion video clips. Member videos add value by providing agents with an opportunity to market themselves beyond just a static image and bio – allowing agents to engage their customers in a new way. The listing videos provide consumers the opportunity to capture a more in-depth view of the property that still photos simply can’t provide. HAR offers professional video services at its central office. The HAR-TV Studio is equipped with HD quality equipment to provide members with a professional-grade video production. Each profile video will be 30-60 seconds in length and will be uploaded to YouTube to help promote you and your business. The videos will also be posted with each of your listings on HAR.com. It will give potential clients an opportunity to hear about your experience, knowledge of the market and approach to client service. Learn more about HAR-TV Member Videos at http://www.har.com/video/dispAgentVideosHAR.cfm.

Weekly HAR Market Stat Fewer people are out scouting homes now that they're scouting the perfect bird for their Thanksgiving feast. Weekly and monthly seller and buyer activity may be slowing in comparison to last reporting period, but overall markets still show signs of stable recovery. By and large, expect the end of 2013 to look just as juicy and golden as your bird will soon be. In the Houston region, for the week ending November 10: • New Listings decreased 4.3% to 1,765 • Pending Sales increased 37.2% to 1,580 • Closed Sales decreased 4.2% to 1,017

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