Houston Real Estate market slugish in February (Video)

Last week, the Houston Association of Realtors published the real estate sales figures for the Houston Area during the month of February. These are the trends we are seeing in Houston Real Estate:

Number of Sales: Down 24%

total_property_sales_-_feb_20091

Median Sales Price: Down 8.23%

median_sales_price_february_2009

Inventory Levels: Stable

absorption_rate_feb_2009

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