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December Monthly Market Comparison-HAR Report
The Houston housing market wrapped up 2025 on a positive note. Total property sales rebounded in December, increasing 1.2 percent year-over-year while total dollar volume rose 2.1 percent to $3.6 billion. The total number of available properties was 16.5 percent ahead of the December 2024 volume with 52,727 active listings.
HAR Report: Affordability improved in 10 out of 12 months when comparing 2025 to 2024, assuming a 20 percent down payment on a median-priced home with monthly interest rates as reported by Freddie Mac. The typical homebuyer in December 2025 saw an $87.72 reduction in their monthly principal and interest payment compared to a consumer purchasing the same median-priced home in December 2024
HAR Report: In 2025, the average home price rose 0.9 percent year-over-year to $426,558. Strong demand in the luxury market pushed the average price to a record high of $449,561 in June.
“We’re selling just as many homes in the Houston area now as we did in 2019, which shows how far this market has come,” said HAR Chief Economist Dr. Ted C. Jones. “Houston is one of the few markets in the country that’s truly back to normal. The recovery a lot of people have been waiting for showed up in our region in 2025, and I think we’ll continue to see sales increase in 2026.”
HAR Report: As inventory expanded, home prices moderated. The median home price was flat year over year at $334,990, posting modest increases only in January (1.6 percent) and March (1.5 percent), with no additional gains recorded in other months. This marked a notable shift from the rapid price growth of prior years and contributed to a healthier market environment.
In 2025, the average home price rose 0.9 percent year-over-year to $426,558. Strong demand in the luxury market pushed the average price to a record high of $449,561 in June.
2025 Annual Housing Market Comparison-HAR Report
Easing interest rates and a return to pre-pandemic market conditions shaped the Houston housing market in 2025. Sales activity remained consistent for most of the year, with only three months — February, April and November — posting year-over-year declines. The summer months were especially strong, helping sustain momentum and reinforce confidence among both buyers and sellers.
HOUSTON — (January 14, 2026) HAR Report — The Houston housing market in 2025 reflected a return to a more balanced pace, making it a solid year overall for both buyers and sellers. After several years of ups and downs, the Greater Houston market returned to pre-pandemic norms, even as many other large U.S. markets continue to lag.
According to the Houston Association of Realtors’ December/Full-Year 2025 Housing Market Update, total property sales for the full year were 2.3 percent above the 2024 level, highlighting continued demand across the region. Total dollar volume rose 4.5 percent to $42.9 billion. Single-family home sales also outpaced 2024 figures, climbing 3.8 percent, with 88,634 properties sold during the year compared to 85,373 in 2024.
“The past year brought a welcome sense of balance back to the Houston housing market,” said HAR Chair Theresa Hill with Compass RE Texas, LLC - Houston. “Buyers had more choices, prices were more stable and homes continued to sell at a steady pace. As we head into the new year, that stability will provide a solid foundation for continued growth.”
Houston Real Estate Highlights in November-HAR Report
Single-family home sales declined 2.3% year-over-year.
Days on Market (DOM) for single-family homes went from 53 to 60 days.
The single-family median price declined 1.5% to $325,000.
The single-family average price edged up by 0.8% to $422,552.
Single-family home months of inventory expanded to a 5.0-months supply, up from 4.3 months a year ago.
Townhome and condominium sales were down 8.3% with 341 units sold. The median price increased 2.4% to $230,000, and the average price rose 10.7% to $268,628.
Total property sales declined 2.7% with 7,475 units sold.
Total dollar volume was down 0.8% to $3.1 billion.
Townhome/Condominium Update-HAR Report
Demand for townhomes and condominiums cooled for the second consecutive month. Sales declined 8.3 percent year-over-year, with 341 units sold compared to 372 in November of last year. Despite the slowdown in sales activity, prices continued to rise, as the average price increased 10.7 percent to $268,628, while the median price rose 2.4 percent to $230,000.
HAR Report: Affordability improved year-over-year for buyers with the average mortgage rate dipping from 6.81 percent in 2024 to 6.24 percent in November 2025, as reported by Freddie Mac’s Primary Mortgage Market Survey. When coupled with an assumed 20 percent down payment, the monthly mortgage payment for principal and interest of the median-priced home dropped from $1,722.84 to $1,599.17 – a savings of $123.67 monthly or $1,484.04 per year.
Active listings of single-family homes totaled 36,620 in November, up 21.0 percent from last year and the lowest level since April, when 34,362 homes were on the market. Housing supply also reached its lowest point since April, expanding to 5.0 months of inventory compared to 4.3 months a year earlier. For context, the national average currently stands at 4.4 months, according to the National Association of Realtors.
Homes spent an average of 60 days on the market in November, up from 53 days during the same period last year.
Broken out by housing segments, single-family home sales performed as follows:
$1 - $99,999: decreased 2.2 percent (89 transactions)
$100,000 - $149,999: increased 10.6 percent (146 transactions)
$150,000 - $249,999: increased 3.6 percent (1,240 transactions)
$250,000 - $499,999: decreased 6.4 percent (3,561 transactions)
$500,000 - $999,999: decreased 7.3 percent (1,009 transactions)
$1M and above: increased 23.4 percent (301 transactions)
HAR also breaks out sales figures for existing single-family homes. In November, sales declined by 0.8 percent year-over-year, with 4,131 closings compared to 4,164 a year ago. The average sales price was statistically unchanged at $439,743, while the median price was essentially flat at $325,000.
HAR will publish its November 2025 Rental Market Update on Wednesday, December 17.
Single-Family Homes Update-HAR Report
In November, single-family home sales declined year-over-year for the first time since April, while buyer interest remained steady. A total of 6,347 single-family homes sold versus 6,499 a year ago, which represents a decrease of 2.3 percent.
