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September 2014 MLS Sales Statistics In case you missed it, HAR released September 2014 MLS statistics the other day, and here are some highlights of the.

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Presentation on theme: "September 2014 MLS Sales Statistics In case you missed it, HAR released September 2014 MLS statistics the other day, and here are some highlights of the."— Presentation transcript:

1 September 2014 MLS Sales Statistics In case you missed it, HAR released September 2014 MLS statistics the other day, and here are some highlights of the report: Houston home sales saw another monthly increase. Year-over-year sales climbed 7.0 percent, with a total of 6,490 single-family units sold. After holding steady in July and August, months of inventory dipped to a 2.9-months supply, down compared to the 3.2-months supply of last September. That is significantly below the current national supply of 5.5 months of inventory reported by NAR. Prices reached record highs for a September: the single-family home average price was $269,440 while the median price was $196,000. Total dollar volume was $2 billion, up from $1.7 billion one year earlier. Rentals of single-family homes shot up 13.2 percent year-over-year and the cost of renting those homes increased 2.7 percent to $1,749. For more detailed information, please visit the HAR Online Newsroom for this and all other news releases.HAR Online Newsroom

2 The BIG e is Next Week! HAR’s BIGGEST event of the year, the BIG e Real Estate and Technology Conference, is coming up on Thursday, October 23, at the Norris Conference Center - CityCentre from 9 a.m. to 5:15 p.m. Are you registered yet? Top 5 Reasons to Attend: Dynamite speaker lineup! You can’t find this kind of crew at any other real estate conference in Houston. You may earn up to 7 MCE hours and have a blast at the same time. Location, location, location! The Norris Conference Center-CityCentre is easy to access and offers many dining and shopping options. The PRICE! No traveling, hotel or outrageous ticket prices as with other national/state conferences Freebies! Fantastic sponsor prizes and giveaways, and maybe even a free massage in the BIG e Lounge. For more info and to register, go to http://thebige.har.com/ TODAY! http://thebige.har.com/

3 Weekly HAR Market Stat Every story needs a hero and housing's current starlet, at least nationally, is inventory. More markets continue to see increases in homes for sale, giving buyers more options and keeping prices from trying to overshadow the popularity of inventory with unsustainable stardom. As we move deeper into the autumn months, sales may drop off some, but the subplots of normalization and stabilization should remain popular with year-over-year inventory increases in the leading role. In the Houston region, for the week ending October 5: New Listings increased 9.1% to 2,126 Pending Sales increased 28.9% to 1,784 Closed Sales increased 8.1% to 1,862

4 Questions? 713-629-1900 ext. 6 HAR Consumer Webinar Series Seller Expectations: How to Give Them What They Want Whether you represent the buyer, seller or just need some extra tools to sharpen your real estate skills, this is the webinar series for you! Join real estate consumer training experts Katrina Barnes and Tara Whitting as they guide you through a series of one-hour webinars based on real feedback and statistics from local home buyers and sellers. This course will help you understand what the consumer wants from a REALTOR ® before, during and after a transaction. This is the key to creating a lasting relationship in today’s hot market. This webinar will provide you with tips and tools to enhance your clients experience throughout the buying process. Date: Wednesday, October 15 Time: 9 to 10 a.m. or 12 to 1 p.m. Location: Online Webinar Investment: $10 Register online today at http://www.har.com/edu/dispCourseClasses.cfm?course_id=861 http://www.har.com/edu/dispCourseClasses.cfm?course_id=861


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