Although Houston’s single-family home sales and median sales price increased year over year in January, sales in the luxury market were down for the third month in a row.

Sales of single-family homes totaled 4,469 last month, up 8.9 percent from January 2017, the Houston Association of Realtors reported Feb. 14. Total property sales also increased 8.7 percent year over year to 5,468. 

However, single-family home sales in the luxury segment — those priced at $750,000 and above — decreased…

Houston Biz Journal
Houston’s overall home sales stayed strong in January, but luxury market continued to decline