Houston home sales exceeded 2023 levels for the third consecutive month in November, with single-family home sales up 6% to 6,559 units. The luxury market saw a significant boost, with sales of homes priced over $1 million increasing by 21.4%. Pending sales rose 22.2%, totaling 6,816 properties under contract. The average home price increased by 4.1% to $418,903, and the median price rose 1.5% to $329,990. Despite rising mortgage rates, the market shows strength and stability.
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