HOUSTON — (February 12, 2025) HAR Report— Houston's resilient housing market weathered a rare winter storm in January. While the record snowfall caused temporary disruptions, the market quickly rebounded and maintained a healthy balance between supply and demand.
According to the Houston Association of Realtors’ (HAR’s) January 2025 Housing Market Update, single-family home sales across the Greater Houston area rose 1.2 percent, with 5,064 units sold compared to 5,002 in January 2024. This marks the fifth consecutive month of sales growth, a trend last observed in the first half of 2021.
The high end of the market continued to experience a wave of buyer interest. The luxury segment ($1 million+) recorded a 20.7 percent increase in sales compared to last January. Next was the $500,000 to $999,999 segment which saw an 8.1 percent gain. Homes priced between $250,000 and $499,999 made up the most sales in January, but sales were 1.6 percent below last year’s level. The segment comprised of homes priced $149,99 and below also experienced a slowdown in sales activity.