Bob Gilbert's Katy Blog: News Alert - HAR News Release of May 2016 Houston Real Estate Market

News Alert - HAR News Release of May 2016 Houston Real Estate Market

News Alert - HAR News Release of May 2016 Houston Real Estate Market


I think reading this Houston Association of Realtors news release concerning the May 2016 Houston Real Estate market ( link provided below) is important to all consumers and especially to both existing and potential home buyers and sellers. We have seen a substantial amount of pessimism being expressed by various groups concerning the Houston Market. The May market report paints a different picture in my opinion.  


The Single-Family homes update section of this HAR report contains a break out by housing price point segment which is revealing. May Sales for homes priced at $500,000 and above has decreased by 6.5 % as compared to May 2015. This is exactly what I thought was occurring. I suspect as we get into the luxury markets the percentage of decrease will increase by a fairly large amount.


It is important to remember all real estate is local and each home needs to examined on its own market merits which is based on numerous factors.  The numbers in this report are an aggregated by the entire houston Metroplex which covers a huge geographical area.


If you have any questions or concerns contact me. If you are looking to buy or sell a home in the Katy, Cypress, Sugarland or Fulshear areas contact me let's get started finding you and your family your dream home.


Here is the link to the news release I spoke of above: 

There is no implied or express warranty or guarantee of accuracy of the above figures. All figures were obtained from the Houston Association Realtors MLS system. These market numbers are constantly changing on a daily basis as this is a very dynamic market.  


News Alert - HAR News Release of May 2016 Houston Real Estate Market


© 2016 Bob Gilbert Real Estate


Accredited Luxury Home Specialist


Note: Katy TX is about 25 -30 miles due West of downtown Houston TX.


If you have any questions about Katy Homes for Sale or Katy Homes for Rent in the Katy Texas and/or Sugar Land TX, and/or Cypress TX and/or other surrounding areas, contact me via my cell: 281-904-6772 or via Email: or

or visit me on my web site at

or visit me on Google plus

and FaceBook at


Scan me with your smartphone to bookmark
our mobile website at












Start “Living the Luxurious Dream” Katy TX









Katy Texas Real Estate Expert






Read my blog at


Search Homes in Katy or anywhere in the Houston area. 


© 2007- 2016 Bob Gilbert 






















Comment balloon 10 commentsRobert Bob Gilbert • June 15 2016 12:07PM


Robert (Bob) Gilbert  Great news alert on Houston homes over $500,000  showing a decrease from last year at this time

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) over 3 years ago


Houston Texas had a very activity real estate market in May 2016.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 3 years ago


 This is the time to buy home prices have been stable but the upswing is coming!

Posted by Yolanda Cordova-Gilbert over 3 years ago

The stock market has been really cautious these past several days too.  Election years have traditionally been a time when folks get a little more conservative with their spending.

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) over 3 years ago

This is very good information to share with home sellers and home buyers.

Have a great day and a most productive week.

Posted by Roy Kelley (Realty Group Referrals) over 3 years ago

Hi Bob.  The statistics are only the numbers, there's typically a much more important story behind it for those who understand the numbers.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) over 3 years ago

Home buyers in the area will appreciate this report.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) over 3 years ago

Thanks for taking the time to share this vital information.  It is very beneficial for all!  Have a wonderful day!

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (Maximum One Executive REALTORS®) over 3 years ago

Thank yoiu for your comments as these are always appreciated. 

Posted by Robert Bob Gilbert, Your Katy TX ( West of Houston) Real Estate Expert (Berkshire Hathaway HomeServices Anderson Properties) over 3 years ago

Bob, what impact, if any, have the low oil prices had on your real estate in the Greater Houston area this year? 

Posted by Sharon & Bruce Walter, West Lafayette homes for sale (Keller Williams Realty Lafayette, IN) over 3 years ago

This blog does not allow anonymous comments