Single-Family Homes Update-HAR Report
Single-family home sales fell 18.3 percent year-over-year in March, with 7,907 units sold across the Greater Houston area compared to 9,681 in 2022. Pricing continues to moderate after reaching record highs last spring. The March median price fell 3.0 percent to $325,000 while the average price was statistically flat at $408,647. February 2023 marked the first pricing declines the market had seen in more than two years.