By Stephanie Sims
Wonder what Houston-area cities have the most closings? Here is a list of the top 10 cities by total transaction closings in 2012. Houston, being the largest city in the area, has closed the most properties at a rate of 1.62 listed homes per closing. Of the cities listed, the Woodlands has had the highest property value average (list and sale) by over a $100k margin at just over $400k. The city with the best conversion rate from list to sale price, on the other hand, was Humble, at 96.79 percent, though the rates all hover around 96 percent.
The data pulled includes for-sale, non-commercial, non-land properties that either listed or closed in 2012.