Oct 8 - Sept Housing Market: Balanced Gains & Easing Prices

Market highlights and tips

The Houston Association of Realtors reported that single-family sales in September grew 5.3% year over year, reaching 7,399 closings. Pending sales also trended up, signalling continued buyer confidence. The median price dipped to $327,000, down 2.1% from a year ago, while the average price rose 2% to $421,655, partly because more luxury properties changed hands. Active listings hovered just under 60,000 units, and the supply of single-family homes stretched to 5.2 months—well above the four-month level often associated with a seller’s market. Homes spent about 55 days on the market, up slightly from last year. Lower mortgage rates have trimmed monthly principal and interest payments on the median-priced home to $1,627.

• Buyers: Take advantage of higher inventory and softer prices. With more homes on the market and payments lower than just a few months ago, you can compare options and negotiate concessions like closing-cost credits or repairs.

• Sellers: A balanced market means pricing matters. Stage your home well, make necessary repairs and work with your agent to set a competitive list price. Mid-range listings ($250K–$499K) saw a slight decline in activity, so incentives may help your property stand out.

• Investors: Inventory levels above 5 months provide room to hunt for deals. Focus on segments with strong growth—lower price brackets (<$250K) and the luxury tier both saw double-digit sales gains.

By following these simple tips, you'll feel more confident about buying your first home.

Want to get started on your home-buying or selling journey? Text HOME to 832-639-4884 or click HERE to begin!

Resources

• HAR September 2025 market update – Sales, prices, inventory and days-on-market statistics.

• Mortgage payment comparison – How lower rates have reduced monthly principal and interest payments

• Segment performance overview – Breakdown of sales by price brackets