December Monthly Market Comparison-HAR Report
The Houston housing market generated mixed results in December. Single-family home sales, total property sales and total dollar volume fell compared to December 2021 while pricing rose. Month-end pending sales for single-family homes totaled 5,493, down 19.6 percent versus one year earlier. Total active listings, or the total number of available properties, surged 55.2 percent from a year earlier to 33,776.
Single-family homes inventory grew from a 1.4-months supply to 2.7 months. For perspective, housing inventory across the U.S. currently stands at a 3.3-months supply, according to the latest National Association of Realtors (NAR) report.