Single-Family Homes Update-HAR Report
In April, single-family home sales were in line with last year’s figures. Closings in the Greater Houston area declined slightly, by 1.1 percent, with 7,856 homes sold versus 7,940 in 2024. Pending sales, which were up 13.6 percent year-over-year, indicate that the remaining weeks of the spring homebuying season will likely continue to be active.
Home prices were virtually unchanged compared to last April. The average home price was $437,407 while the median price was $339,990. The price per square foot held steady at $180.
There were 34,989 active listings of single-family homes in April, which is up 37.0 percent year-over-year. It is the highest volume of active listings since August 2010 when there were 35,437 units.
Days on Market, or the actual time it took to sell a home, climbed from 50 to 54 days. Months of inventory increased from 3.6 last year to 4.9 months, which is the highest since August 2012. This figure tops the national inventory level of 4.0 months reported by the National Association of Realtors.