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Townhome/Condominium Update-HAR Report
Consumer demand held steady in Houston’s townhome and condominium market in July. Sales were statistically flat with a total of 468 units sold compared to 466 a year earlier. The average price increased 2.6 percent to $266,501, and the median price declined 1.1 percent to $217,500.
HAR Report: Active listings for single-family homes reached 40,112, which is up 38.2 percent compared to last July. Months of inventory grew from 4.2 months to a 5.5-months supply this year, which marks the highest level since June 2012. That figure exceeds the current national inventory of 4.7 months, as reported by the National Association of Realtors. Days on Market increased from 45 to 50 days.
Broken out by housing segment, single-family home sales in the Greater Houston area performed as follows:
$1 - $99,999: increased 26.3 percent
$100,000 - $149,999: increased 39.1 percent
$150,000 - $249,999: increased 25.5 percent
$250,000 - $499,999: increased 6.0 percent
$500,000 - $999,999: increased 0.5 percent
$1M and above: increased 7.5 percent
HAR also breaks out sales figures for existing single-family homes. In July, existing home sales increased 8.8 percent year-over-year, with 5,963 closings compared to 5,479 a year earlier. The average sales price declined 2.4 percent to $446,483, while the median price was down 2.6 percent to $341,000.
HAR will publish its July 2025 Rental Market Update on Wednesday, August 20.
HAR Report: The median home price in July was $339,000, which is 3.1 percent below where it was during the same month last year. The average price also declined, down 1.9 percent to $434,664. The price per square foot was $180, which is unchanged from last July.
Single-Family Homes Update-HAR Report
Single-family home sales in the Greater Houston area were up 9.2 percent year-over-year in July. A total of 8,300 homes sold compared to 7,601 last year when Hurricane Beryl brought activity to a standstill for several days. Pending sales experienced a notable 32.2 percent jump, which is an encouraging sign of continued buyer interest.
Housing Market Overview-HAR Report
July marked the third consecutive month of growth for the Greater Houston real estate market with strong buyer demand. Total property sales were 9.0 percent above where they were in July 2024. The boost in sales activity was accompanied by a 7.2 percent increase in total dollar volume, which topped $4 billion.
Active listings, or the total number of available properties, rose 31.1 percent to 61,144 units, which surpasses the previous record set in June of this year.
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.”
Houston Real Estate Highlights in June-HAR Report
Single-family home sales increased 12.5% year-over-year;
Days on Market (DOM) for single-family homes went from 47 to 49 days;
The single-family median price was statistically flat at $346,651;
The single-family average price increased 4.4% to $450,235;
Single-family home months of inventory expanded to a 5.4-months supply, up from 4.2 months last June.
Townhome and condominium sales declined 4.4% year-over-year. The median price was down 4.6% to $230,000, and the average price declined 3.3% to $261,702.
Total property sales increased 10.4% with 9,993 units sold;
Total dollar volume rose 16.4% to $4.3 billion.
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Townhome/Condominium Update-HAR Report
Houston’s townhome and condominium market continued to experience a decline in demand, with sales falling for the fifth month in a row. A total of 483 units were sold compared to 505 a year earlier, which is a 4.4 percent year-over-year decline. The average price was down 3.3 percent to $261,702, and the median price dropped 4.6 percent to $230,000.
HAR Report: The supply of single-family homes reached a historic high in June, with active listings of single-family homes climbing to 38,713. That is up 31.8 percent from the same time last year, and it marks the highest level of active listings ever recorded by HAR.
Months of inventory expanded from 4.2 months last June to a 5.4-months supply—a level not seen since June 2012. This tops the current national inventory level of 4.6 months, according to the National Association of Realtors. Days on Market inched up from 47 to 49 days.
Broken out by housing segment, single-family home sales in the Greater Houston area performed as follows:
$1 - $99,999: increased 24.0 percent
$100,000 - $149,999: increased 0.6 percent
$150,000 - $249,999: increased 3.4 percent
$250,000 - $499,999: increased 10.6 percent
$500,000 - $999,999: increased 14.2 percent
$1M and above: increased 40.6 percent
In June, existing home sales climbed 15.4 percent with 6,159 closings compared to 5,339 last year. The average price rose 5.4 percent to $470,784, which tops the previous record hit in May of $457,557. The median sales price also reached a record high in June of $352,000, which is an increase of 0.9 percent year-over-year.
