http://houstonhousingmarket.org/2009/11/cypress-housing-market-real-estate-statistics/ A Real Estate and Finance Blog Tue, 13 Apr 2010 21:24:02 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://houstonhousingmarket.org/2009/11/cypress-housing-market-real-estate-statistics/comment-page-1/#comment-1021 admin Fri, 18 Dec 2009 23:29:00 +0000 http://houstonhousingmarket.org/?p=489#comment-1021 I really do not think one has a strong causation over the other. What you are witnessing in the graphs is our normal annual market cycle. We tend to see the median price spike during the selling season and fall during the winter to then rise again in the spring. We also tend to see a large drop in the number of homes sold during the winter month thereby causing those listings that are not pulled from the market to have longer days on market. I really do not think one has a strong causation over the other. What you are witnessing in the graphs is our normal annual market cycle. We tend to see the median price spike during the selling season and fall during the winter to then rise again in the spring. We also tend to see a large drop in the number of homes sold during the winter month thereby causing those listings that are not pulled from the market to have longer days on market.

]]> http://houstonhousingmarket.org/2009/11/cypress-housing-market-real-estate-statistics/comment-page-1/#comment-1011 Pittsburgh Real Estate Thu, 17 Dec 2009 00:38:13 +0000 http://houstonhousingmarket.org/?p=489#comment-1011 The Median Home Price and Average Days on Market graphs seem to follow the same path. How can this be interpreted? Is a longer time to sell causing people to drop their prices, resulting in a lower median price, or is a lower median price making homes more attractive to buyers, causing the days on market to fall? The Median Home Price and Average Days on Market graphs seem to follow the same path. How can this be interpreted? Is a longer time to sell causing people to drop their prices, resulting in a lower median price, or is a lower median price making homes more attractive to buyers, causing the days on market to fall?

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