Houston housing market

Housing Market Overview-HAR Report

 

In August, overall property sales rose 9.2 percent year-over-year, pushing the total dollar volume up 10.9 percent to more than $3.8 billion.

 

Active listings were 26.1 percent higher than the 2024 level, with 60,525 properties available across the market in August.

HAR Report: Home prices showed little movement in August. The average price was statistically flat at $422,703, while the median price was virtually unchanged at $335,000.

 

“August brought the strongest sales gains we’ve seen so far this year, and that’s encouraging for both sides of the market,” said HAR Chair Shae Cottar with LPT Realty. “Buyers have more choices and negotiating power than they’ve had in more than a decade while sellers continue to benefit from solid demand. As mortgage rates continue to ease, I anticipate buyer activity will remain solid in the coming months.”

Houston housing market

HOUSTON — (HAR Report? September 10, 2025) — The Greater Houston housing market kept its hot streak alive in August. It was the fourth consecutive month of sales growth, driven by strong buyer demand and steady pricing.

 

According to the Houston Association of Realtors' August 2025 Housing Market Update, single-family home sales rose 11.9 percent year-over-year. A total of 8,138 homes sold versus 7,270 a year earlier. The number of available homes in the Houston area remains elevated with 39,374 active listings, which is 30.4 percent above last year’s level.

 

Home prices showed little movement in August. The average price was statistically flat at $422,703, while the median price was virtually unchanged at $335,000.

 

“August brought the strongest sales gains we’ve seen so far this year, and that’s encouraging for both sides of the market,” said HAR Chair Shae Cottar with LPT Realty. “Buyers have more choices and negotiating power than they’ve had in more than a decade while sellers continue to benefit from solid demand. As mortgage rates continue to ease, I anticipate buyer activity will remain solid in the coming months.”

 

Houston housing Highlights

Houston Real Estate Highlights in July-HAR Report

  • Single-family home sales increased 9.2% year-over-year;

  • Days on Market (DOM) for single-family homes went from 45 to 50 days;

  • The single-family median price declined 3.1% to $339,000;

  • The single-family average price was down 1.9% to $434,664; 

  • Single-family home months of inventory expanded to a 5.5-months supply, up from 4.2 months last July.

  • Townhome and condominium sales edged up by 0.4% with 468 units sold. The median price declined 1.1% to $217,500, and the average price increased 2.6% to $266,501.

  • Total property sales increased 9.0% with 9,732 units sold;

  • Total dollar volume rose 7.2% to $4 billion.

Houston housing market

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.