About Homes & Land
Throughout North America, Homes & Land is the leader in integrated real estate marketing, publishing more than
27 million magazines annually.
Homes & Land magazines are distributed at high-traffic locations and direct-mailed to targeted homebuyers and
sellers. Subscriptions to interactive digital magazines are available online.
The most important component in lead generation is marketing to the right audience, and
that’s what we do with Homes & Land magazine. First we work with you to create a custom ad. Then we distribute
thousands of high-quality magazines at premium locations across your community.
Magazines remain incredibly popular — 91% of Americans read a magazine in the last six
months, and the most popular magazines are niche publications like Homes & Land.
Our niche is real estate. People pick up Homes & Land magazine because they are interested in buying and selling
a house. And they’re qualified too. Our readers’ income is 30% higher than the national
Experience also counts. For over 40 years Homes & Land magazine has helped Realtors
generate leads, compete for listings, and build their personal brand!
About the Market
MLS Report for March 2017x
HOUSTON HOME SALES BLOSSOM IN MARCH
Sales volume, pricing and inventory maintain their positive trajectory; rental properties experience a surge
HOUSTON — (April 12, 2017) — The Houston real estate market’s 2017 winning streak continued in March, as single-family home sales and pricing rose while housing inventory grew. The strongest sales activity took place among homes in the $250,000 to $499,999 range, followed by the luxury market ($750,000 and above), which recorded its fifth consecutive month of sales gains. Inventory levels expanded from a 3.5-months supply to 3.8 months.
A total of 7,013 single-family homes sold in March versus 6,278 a year earlier, according to the latest monthly report produced by the Houston Association of Realtors (HAR). That represents an 11.7 percent increase. However, it is important to note that this gain compares to a March 2016 housing market that was facing uncertainty about the possible effects of falling oil prices.
"Houston home sales blossomed in March, but we also saw tremendous activity in the rental market," said HAR Chair Cindy Hamann with Heritage Texas Properties. "A healthy pace of new listings helped inventory levels grow, which is critical if we are to maintain the positive momentum."
The single-family home median price (the figure at which half of the homes sold for more and half sold for less) climbed 5.8 percent to $227,530. That marks the highest median price ever for a March. The average price rose 4.6 percent to $284,279, which also represents a March high.
March sales of all property types in Houston totaled 8,495, up 10.5 percent from the same month last year. Total dollar volume for properties sold in March rocketed 15.6 percent to $2.3 billion.
March Monthly Market Comparison
The Houston real estate market enjoyed across-the-board gains in all statistical indicators during the month of March, with single-family home sales, total property sales, total dollar volume and pricing all up versus March of 2016.
Month-end pending sales for single-family homes totaled 8,311, an increase of 16.7 percent compared to last year. Total active listings, or the total number of available properties, jumped 9.9 percent from March 2016 to 37,926.
Single-family homes inventory grew from a 3.5-months supply to 3.8 months. For perspective, housing inventory across the U.S. also currently stands at a 3.8-months supply, according to the latest report from the National Association of Realtors (NAR).