Houston Housing Stats October, 2024

[Sharon Tzib]

https://www.har.com/content/department/mls

Houston Real Estate Highlights in October, 2024:

• -Single-family home sales increased 12.8 percent year-over-year; • Days on Market (DOM) for single-family homes went from 48 to 51 days;
• -Total property sales were up 10.2 percent with 8,627 units sold;
• -Total dollar volume rose 19.5 percent to $3.5 billion;
• -The single-family median price was up 2.7 percent to $334,900;
• -The single-family average price climbed 5.2 percent to $423,166;
• -Single-family home months of inventory registered a 4.4-months supply, up from 3.5 months last October.
• -Townhome/condominium sales increased for the first time in two years, with sales up 6.5 percent year-over-year. The median price declined 3.2 percent to $232,400, and the average price rose 2.6 percent to $279,018.