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Updated 8 days ago on . Most recent reply

User Stats

803
Posts
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Sharon Tzib
  • Real Estate Broker
  • Cypress, TX
455
Votes |
803
Posts

Houston Housing Stats January, 2025

Sharon Tzib
  • Real Estate Broker
  • Cypress, TX
Posted

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

Houston Real Estate Highlights in January, 2025:

  • -Single-family home sales increased 1.2 percent year-over-year;
  • -Days on Market (DOM) for single-family homes went from 59 to 61 days;
  • -Total property sales were up 1.3 percent with 6,173 units sold;
  • -Total dollar volume rose 8.9 percent to $2.5 billion;
  • -The single-family median price was up 1.6 percent to $325,000;
  • -The single-family average price climbed 4.4 percent to $406,492;
  • -Single-family home months of inventory registered a 4.3-months supply, up from 3.2 months last January.
  • -Townhome/condominium sales increased 6.8 percent year-over-year. The median price declined 4.1 percent to $211,000, and the average price was statistically unchanged at $248,241.

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