The median sales price of a Houston home rose 1.5% to $340,000.

The development is the first stand-alone Ritz-Carlton condominium community in Texas. 

The Houston Association of REALTORS® named the agent, Ty Robinson, to its Top 20 Under 40 list for 2022.  

New listings, meanwhile, rose 10.5%, according to the latest Weekly Activity Snapshot from the Houston Association of REALTORS®.

October’s increase comes as inflation slows and mortgage rates decline. 

New listings, meanwhile jumped 31.2% as Realtors added 3,611 properties to the MLS, the Houston Association of REALTORS® said.

The median single-family sales price rose as well, according to the latest Market Update from the Houston Association of REALTORS®. 

More sellers are putting their homes on the market as mortgage rates fall significantly for the first time in two years.

At the same time, housing started declined, while days on market increased.

Realtors added 3,128 properties to the MLS during the week ended Sept. 30, up from 2,741 properties during the same week in 2023.

The average listing price of a Houston home dipped 0.1% year over year to $431,211. 

The firm, led by Shahar Zarfati and Moral Assaraf, had more than $19 million in sales volume last year. 

The wellness-focused community’s second phase comprises almost 300 lots. 

At the same time, pending listings rose 8% to 2,047 from 1,895, according to the.Houston Association of REALTORS®.

The firm brings eight principal agents and primarily serves The Woodlands submarket. 

The 67-single-family-home community is located on 10 acres in Montgomery.