The big picture
HAR reports single-family home sales rose 3.2% year over year compared to October 2024. The average home price has remained flat at $423,955, while the median price of $330,000 has declined for the seventh month in a row. HAR states the trend indicates that the market is gradually shifting toward a more balanced level after years of rapid price growth.
Multifamily properties saw year-over-year sales growth, with transactions 32.8% above the October 2024 volume. Houston single-family home sales reportedly now exceed prepandemic levels; from October 2019 to October 2025, it increased 3.2%.
Single-family home sales in the Greater Houston area performed as follows:
- $99,999 or less: increased 2.2%
- $100,000-$149,999: increased 27%
- $150,000-$249,999: increased 9.1%
- $250,000-$499,999: unchanged
- $500,000-$999,999: increased 3.1%
- $1 million and above: increased 10.8%
“Prices have softened, inventory is up and mortgage rates are coming down—all of which are giving buyers more room to breathe. The frenzied pace of recent years has eased, and the market has leveled out, ultimately benefiting both buyers and sellers,” HAR Chair Shae Cottar said.
