HOUSTON — (December 10, 2025/HAR Report)— This November, Houston’s housing market gave buyers and sellers something to be thankful for as conditions continued to move toward balance.
According to the Houston Association of Realtors' November 2025 Housing Market Update, single-family home sales dipped year-over-year for the first time since April. A total of 6,347 homes were sold in November, a slight decrease from 6,499 during the same time last year. Pending sales rose 7.2 percent year-over-year, signaling continued demand and ongoing market activity heading into the end of the year.
Home prices continued to slightly moderate in November. The median home price declined 1.5 percent to $325,000, while the average price edged up 0.8 percent to $422,552, driven by more activity in the luxury market.
The luxury segment – comprised of homes priced at $1 million and above and representing just 4.7 percent of all homes on the market – was the top performing sector, with transactions up 23.4 percent year-over-year. Sales activity slowed for homes in the $250,000 to $999,999 price range, which represented 72 percent of all home sales in November, as well as at the lower end of the market.