On Tuesday (3/16), the Houston Association of Realtors released housing sales statistics for February 2010. While the number of homes on the market increased for the month, existing single family home sales were down in Houston and in two out of the three northeast Houston areas served by Keller Williams Realty Northeast.
Reflecting an abundance of pent up sellers, listings on resale homes were up versus a year ago across the area. Houston overall saw a two percent gain in single family homes on the market in February versus last year. Area 1 (Atascocita/Humble) saw 3.2 percent more homes listed; Area 32 (Kingwood) had a 7.9 percent increase; and Area 40 (Southeast Montgomery County) had 14.8 percent more houses listed for sale.