Tag Archives: sales on the rise

Home prices in Houston broke records in March as the city’s real estate market experienced a 10th straight month of rising sales, according to data from the Houston Association of Realtors. Single-family home median prices climbed 7.8% over March 2011 to $161,750, a record high for a March in Houston. Average prices increased 5.7% year-over-year to $227,270, also the city’s highest level for the month and only $70 below the all-time high reached in June 2008. Declining sales of homes priced below $80,000 and increased activity in the luxury-housing segment […]