Houston Housing Stats April, 2024

[Sharon Tzib]

https://www.har.com/content/department/newsroom?pid=2072

Houston Real Estate Highlights in April, 2024:

• -Single-family home sales rose 9.2 percent year-over-year;
• -Days on Market (DOM) for single-family homes went from 56 to 49 days;
• -Total property sales rose 8.7 percent with 9,611 units sold;
• -Total dollar volume was up 13.8 percent to $4 billion;
• -The single-family median price rose 3.0 percent to $340,000;
• -The single-family average price rose 4.6 percent to $437,198;
• -Single-family home months of inventory registered a 3.7-months supply, up from 2.6 months a year earlier;
• -Townhome/condominium sales continued to decline, falling 1.3 percent, with the median price down 1.8 percent to $230,000 and the average price down 0.5 percent to $278,048.