Single-Family Homes Update-HAR Report
Single-family home sales fell 12.8 percent year-over-year in June with 8,582 units sold across the Greater Houston area compared to 9,845 in 2022. Pricing continues to stabilize after soaring to record highs last spring. The June average price fell 0.5 percent to $431,092 while the median price dropped 2.5 percent to $345,000. February 2023 marked the first pricing declines the Houston housing market had seen in more than two years.