News
Single-Family Homes Update-HAR Report
The Houston housing market recorded its fifth consecutive month of home sales growth in September on a year-over-year basis. A total of 7,399 single-family homes were sold compared to 7,025 last year. Pending transactions also reflected continued strength in buyer demand, rising 11.2 percent year-over-year
Housing Market Overview-HAR Report
In September, property sales across the Greater Houston area continued to outpace 2024 levels. Total sales increased 5.0 percent year-over-year, with 8,686 properties sold. The uptick in transactions was matched by a 6.8 percent rise in total dollar volume, which exceeded $3.5 billion in September.
Active listings—the total number of available properties—were 24.7 percent higher than last year with 59,876 units.
HAR Report: Homes priced from $250,000 to $499,999, which accounted for more than 55 percent of all September sales, experienced a 1.3 percent decline in activity compared to the same time last year. All other price ranges recorded year-over-year sales growth.
Inventory remains at healthy levels across the Houston area. Active listings are still higher than this time last year, though month-to-month growth has begun to flatten. Months of inventory dipped slightly from August as a result of increased sales activity.
“The past few months have brought lower mortgage rates, and it has helped boost buyer confidence,” said HAR Chair Shae Cottar with LPT Realty. “We are mindful that economic uncertainty and the current government shutdown could impact the market in the weeks ahead—particularly since new National Flood Insurance Program policies cannot be issued right now. Even so, I believe the market is heading into the final months of 2025 on more balanced footing.”
HOUSTON — (October 8, 2025)/HAR Report — The Greater Houston housing market moved toward a more balanced position in September. Steady demand, easing prices and a robust supply of homes are helping the market settle into a more sustainable rhythm for both buyers and sellers.
According to the Houston Association of Realtors' September 2025 Housing Market Update, single-family home sales rose 5.3 percent year-over-year. A total of 7,399 homes were sold compared to 7,025 last year. Pending sales, newly signed purchase contracts, also remained strong, signaling underlying market confidence from buyers.
Home prices reached their lowest levels since February. The median home price was $327,000, which is 2.1 percent less than last year’s figure. The average price inched up 2.0 percent to $421,655, largely due to a rise in luxury home sales in September.
Houston Real Estate Highlights-HAR Report
Single-family home sales increased 11.9% year-over-year.
Days on Market (DOM) for single-family homes went from 47 to 52 days.
The single-family median price was statistically flat at $335,000.
The single-family average price was statistically unchanged at $422,703.
Single-family home months of inventory expanded to a 5.4-months supply, up from 4.4 months last August. This was the greatest August inventory since the 7.1 months recorded in 2011.
Townhome and condominium closings declined 13.5% with 404 units sold.
The median price declined 7.1% to $210,000, and the average price was down 4.4% to $248,799.
Total property sales increased 9.2% with 9,440 transactions.
Total dollar volume rose 10.9% to $3.8 billion.
Townhome/Condominium Update-HAR Report
Townhome and condominium sales slid in August as prices declined. Sales were 13.5 percent below last year’s level, with a total of 404 units sold compared to 467 last August. The average price decreased 4.4 percent to $248,799, and the median price was down 7.1 percent to $210,000.
HAR Report: Active listings were 30.4 percent above last August’s level, driving months of inventory up from 4.4 to a 5.4-months supply of unsold homes. This is higher than the current national supply of 4.6-months, according to the National Association of Realtors. Properties spent a bit longer on the market, with Days on Market rising from 47 to 52.
Broken out by housing segments, single-family home sales in the Greater Houston area performed as follows:
$1 - $99,999: increased 20.7 percent
$100,000 - $149,999: increased 12.7 percent
$150,000 - $249,999: increased 21.2 percent
$250,000 - $499,999: increased 6.4 percent
$500,000 - $999,999: increased 14.8 percent
$1M and above: increased 12.9 percent
HAR also breaks out sales figures for existing single-family homes, which rose 9.7 percent in August compared to last year. There were 5,653 closings compared to 5,153 the prior year. The average price climbed 2.5 percent year-over-year to $437,981, while the median price increased 1.8 percent to $340,000.
HAR will publish its August 2025 Rental Market Update on Wednesday, September 17.
HAR Report: Home prices remained steady. The average price was statistically unchanged at $422,703 while the median price was flat at $335,000. Likewise, the price per square foot essentially static at $177 in August compared to $176 a year ago.
Single-Family Homes Update-HAR Report
August delivered the strongest year-over-year increase in single-family home sales so far in 2025. Closings were 11.9 percent above where they were in August 2024. Pending sales— newly-signed purchase contracts that are closing in the next 60 days—also outperformed last year’s figures, increasing 10.1 percent.
Housing Market Overview-HAR Report
In August, overall property sales rose 9.2 percent year-over-year, pushing the total dollar volume up 10.9 percent to more than $3.8 billion.
Active listings were 26.1 percent higher than the 2024 level, with 60,525 properties available across the market in August.
