Houston Business Journal - The local housing market had a record-breaking April, according to the Houston Association of Realtors. The median price for single-family homes increased 14.5 percent year-over-year to $184,900, an all-time high for the city. The average price for single-family homes also reached an all-time high of $253,907, 14 percent higher than April 2012.
Single-family sales spiked 27.2 percent year-over-year, the largest one-month sales volume since just before the recession. All price categories increased in sales except for homes priced under $80,000, which decreased 16.5 percent from last year. Active listings were down 23.6 percent from April 2012.
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Sandcastle Homes has been building luxury homes at affordable prices in Houston’s Inner Loop neighborhoods since 1995. Our new single-family homes and townhomes—currently built in the Heights, Shady Acres, Cottage Grove and Rice Military—offer you the very best of Houston’s Inner-Loop lifestyle, with close proximity to downtown, fine dining, arts, culture and shopping. Check out our quality construction, competitive prices and outstanding service and you’ll quickly discover why Sandcastle Homes has earned a reputation as The Best Value in Town!
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