Single-Family Homes Update-HAR Report
Single-family home sales fell 10.4 percent year-over-year in May with 8,637 units sold across the Greater Houston area compared to 9,641 in 2022. Pricing continues to moderate after reaching record highs last spring. The May average price fell 1.6 percent to $431,378 while the median price declined 3.1 percent to $340,095. February 2023 marked the first pricing declines the Houston housing market had seen in more than two years.