Updated 10 months ago on . Most recent reply
Houston Housing Stats May, 2025
https://www.har.com/content/department/newsroom?pid=2182
Houston Real Estate Highlights in May, 2025:
• Single-family home sales increased 6.8% year-over-year
• Days on Market (DOM) for single-family homes went from 46 to 50 days
• The single-family median price declined 1.2% to $339,425
• The single-family average price was down 0.7% to $438,230
• Single-family home months of inventory expanded to a 5.2-months supply, up from 3.9 months last May
• Townhome and condominium sales declined 12.9% year-over-year. The median price declined 8.3% to $221,500, and the average price fell 5.5% to $265,903
• Total property sales increased 4.6% with 10,565 units sold
• Total dollar volume rose 5.6% to $4.5 billion.