HOUSTON — (June 11, 2025) HAR Report— Houston-area homebuyers are springing into action as expanding inventory and easing home prices create new opportunities across the region. This activity is a clear indicator of the ongoing shift toward a buyer's market.
Houston's single-family home sales recorded their largest year-to-date increase in May. According to the Houston Association of Realtors' May 2025 Housing Market Update, sales rose 6.8 percent year-over-year, with 9,058 homes sold compared to 8,483 during the same time last year.
Homebuyers experienced a welcome reduction in housing costs due to lower mortgage rates and a slight decline in home prices. The average sales price declined by 0.7 percent to $438,230. The median price was down 1.2 percent to $339,425.