In April, 7,856 single-family homes were sold, compared to 7,940 in April of last year, according to the report.
Diving in deeper
According to the report, the median price of a single-family home remained statistically flat, going from $340,000 in April 2024 to $339,990 in April of this year. Meanwhile, the number of total active listings rose 30.3% year over year, rising from 42,193 to 54,978.
When it comes to the housing segments, according to the report, home sales for houses priced between:
- $1-$99,999 increased 14.9%
- $100,000-$149,999 decreased 14.2%
- $150,000-$249,000 increased 3%
- $250,000-$499,999 decreased 0.8%
- $500,000-$999,999 decreased 4.3%
- $1 million and above increased 1.6%
“While national housing market trends may be showing signs of increased volatility due to economic uncertainty, the Houston area remains on solid footing,” HAR Chair Shae Cottar with LPT Realty said via news release. “The consistent pricing and growth in inventory offer a balanced perspective. For buyers, this typically means less competition and more opportunities to find a home that meets their specific needs and budget. For sellers, it emphasizes the importance of competitive pricing and effective marketing to stand out.”
