Houston Housing Market Update

Howdy Houston!

August marked the fourth straight month of sales growth in Houston, showing strong buyer demand and steady prices. Here’s what’s happening on the ground:

Single-Family Homes

• Sales rose 11.9% year-over-year

• Average price held steady at $422,703

• Median price nearly unchanged at $335,000

Overall Market

• Total property sales up 9.2%

• Total dollar volume climbed 10.9% to $3.8 billion

• Months of inventory increased from 4.4 to 5.4 months — still below “balanced,” but buyers have slightly more options

Townhomes & Condos

• Closings down 13.5% with 404 units sold

• Median price down 7.1% to $210,000

• Average price down 4.4% to $248,799

What This Means for You

• Buyers: Homes are still moving fast, but inventory gains give you more choices.

• Sellers: Demand remains strong, a well-presented home in the right neighborhood will attract serious buyers.

As a Houston Realtor, I keep a close eye on market trends so my clients can make informed decisions. Whether you’re buying, selling, or just curious about your home’s value, I’m here to guide you every step of the way.