HOUSTON — (August 13, 2025)/HAR Report — The Greater Houston housing market experienced a summer shift in July, with growing inventory and steady demand helping to stabilize prices. It has created a more balanced and sustainable market heading into the second half of the year.
According to the Houston Association of Realtors' July 2025 Housing Market Update, single-family home sales increased 9.2 percent year-over-year. A total of 8,300 homes were sold compared to 7,601 last year, when Hurricane Beryl temporarily halted market activity for several days.
July marked the largest year-over-year decline in home prices since 2023. The median price was down 3.1 percent to $339,000. The average price was $434,664, which is 1.9 percent below last year’s level.
Active listings reached an all-time high in July, exceeding 40,000 available homes in the Houston area. This represents a 38.2 percent increase from the same time last year. The average list-to-sale price ratio has held steady at approximately 94 percent over the past year.
“The rising inventory levels have led to modest price adjustments by sellers,” said HAR Chair Shae Cottar with LPT Realty. “While some homeowners are adjusting their expectations, many homes are still attracting solid offers. This is a good indicator that the Houston market continues to be in a relatively healthy and balanced spot.”