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HAR: Big jump in new listings

by Emily Marek

via HAR

New listings skyrocketed in Houston during the week ended Nov. 6, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.

Realtors entered 2,906 new listings in the MLS during the week, a 10.1% increase year over year. The number of new listings was also 15.1% higher than during the same week in 2019, before the pandemic.

Pending listings, however, saw a marginal drop year over year, with 0.8% fewer listings going under contract during the week. Closings also decreased, with 1,807 homes sold compared to 1,699 homes the year prior. That’s a decline of 6.4%.

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