HAR Report: By the time the books were closed on December transactions, 95,113 single-family homes had sold across greater Houston in 2022. That is a 10.9 percent decline from the 106,756 homes sold in 2021.
On a year-to-date basis, the average price rose 10.0 percent to $413,657 while the median price increased 12.8 percent to $338,295. Total dollar volume for full-year 2022 fell 2.0 percent to $45.6 billion.
Houston’s lease market had a generally strong 2022 as prospective buyers secured homes to rent until they are prepared to resume the buying process. HAR will report on those trends in the December 2022 Rental Home Update, to be released next Wednesday, January 18.