Greater Houston Real Estate

October 2021 Houston Market Conditions

From October 1st to October 31st, 2021

Units Sold:

8,751

Average Sold Price:

$376,205

Average Sold Discount:

2%

Average Price Reduction:

1%

Average DOM:

37

Sold Listings

8,751

-6% from 2020

Average

$376,205

13% from 2020

Typical

$240k to $410k

$208k to $370k in 2020

select any:
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$24kto$56k$56kto$87k$87kto$119k$119kto$150k$150kto$220k$220kto$290k$290kto$360k$360kto$430k$430kto$501k$501kto$571k$571kto$641k$641kto$711k$711kto$781k$781kto$2.7M$2.7Mto$4.6M$4.6Mto$6.5M$6.5Mto$8.4M
202116691362051,1952,3331,7311,1445643432851781144171812
202029981733372,2642,5051,46684247629920013695373113

Average

$159

16% from 2020

Typical

$123 to $172

$105 to $146 in 2020

select any:
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$21to$40$40to$59$59to$77$77to$96$96to$117$117to$137$137to$158$158to$179$179to$200$200to$220$220to$241$241to$262$262to$283$283to$500$500to$717$717to$934$934to$1,151
2021733863111,1512,0592,0061,215679344186123963923933
202016592341,0432,5072,4751,22353533220513911069313203

Avg Days to Sell

37

-43% from 2020

Typical Days to Sell

5 to 43

6 to 76 in 2020

select any:
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to1515to3030to4545to5959to7474to8989to104104to119119to134134to666666to1,1991,199to1,7321,732to2,265
20214,4361,3448415694082512011401234201323
20203,8421,2417636434413672822551901,2194911

Avgerage

1%

-10% from 2020

Typical

0% to 0%

0% to 2% in 2020

select any:
2021
2020

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

-47%to-35%-35%to-24%-24%to-13%-13%to-2%-2%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to8%8%to9%9%to18%18%to27%27%to36%36%to44%
202125333971126,03727233735526020115312437548122
20205493841906,03739757443235523316513329154113

Average

2%

-41% from 2020

Typical

-1% to 5%

-1% to 5% in 2020

select any:
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-47%to-37%-37%to-27%-27%to-17%-17%to-7%-7%to-5%-5%to-2%-2%to0%0%to2%2%to4%4%to7%7%to9%9%to11%11%to13%13%to22%22%to31%31%to40%40%to48%
202129293963958111,1132,5321,18078949230623032870299
202045241001244279822,9781,7011,10974641524131573248

Avgerage

1%

-60% from 2020

Typical

-1% to 3%

-1% to 3% in 2020

select any:
2021
2020

Negotiated Discounts from Final List Price

The percentage difference between final list price and closed price, distributed

-42%to-33%-33%to-24%-24%to-15%-15%to-6%-6%to-4%-4%to-3%-3%to-1%-1%to0%0%to2%2%to3%3%to5%5%to6%6%to8%8%to17%17%to27%27%to36%36%to46%
202153284012854888172,8061,0821,113637421224374401410
2020425861052235232,7871,4991,60597353434652455114
select any:
2021
2020

Sold Homes by Month Closed

MayJuneJulyAugustSeptemberOctober
202110,03910,92210,38510,1819,4408,751
20206,5589,41210,9239,2629,2279,307
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20212,9153,8608,16214,62215,97719,757
20203,5845,5118,98311,63114,78917,970
select any:
2021
2020

New Pending Contracts per Month

Tracking the number of homes that go from active to pending, by month

JanuaryFebruaryMarchAprilMayJune
20215181,1183,59910,01711,03811,760
20203138532,4546,39110,61712,391
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$62k$82k$101k$120k$140k$159k$178k$198k$219k$239k$259k$280k$300k$321k$341k$362k$382k$403k$423k$443k$464k$484k$505k$760k$1.3M$1.7M$2.2M$2.7M$3.2M$3.7M
2021113332946393129272023253131343637444247364545425178204145157101107
20206560445748494340374449555766696269658669801147496181253149403133388
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$36.25$47.2$58.16$69.11$80.06$91.02$101.97$110.26$115.89$121.51$127.14$132.76$138.39$144.02$149.64$155.27$160.89$166.52$172.14$177.77$183.39$189.02$194.64$246.99$346.06$445.13$544.19$643.26$742.33
202115187730283228252627272829283028383446384858555884106418774
202093671083971704547505854454857556360597489848982105901321381903196
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5606767929081,0241,1401,2571,3731,4911,6091,7271,8441,9622,0802,1972,3152,4332,5512,6682,7862,9043,0213,1393,6464,5435,4406,3377,2348,1319,028
2021114436644502733293132313134303237344036363640353955129106105180296
2020467078626360424644424749546056577057666878697490132170305386221372
select any:
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

19061917192919411952196419751982198519871990199319951998200020032005200820102013201620182021
20214559585241413329282528363428283134353028263262
2020253623459765853536346605865665858545962685989153
select any:
2021
2020

Average Days-to-Sell for Each Month

MayJuneJulyAugustSeptemberOctober
2021473833333537
2020798078726965
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

The correlation between total home size and sold price per square foot

5456317168028889731,0591,1681,2991,4301,5611,6921,8231,9542,0852,2162,3472,4782,6092,7402,8713,0023,1333,6464,5435,4406,3377,2348,1319,028
2021$228$211$178$208$197$164$170$166$169$168$162$155$155$152$153$150$151$150$146$143$144$151$146$159$183$239$274$406$230$231
2020$252$153$170$151$173$158$154$152$148$137$135$132$131$133$128$132$129$124$127$120$132$127$126$142$156$195$249$300$326$429

Available Units

9,373

Total Sold

1,387

Average

2%

-41% from 2020

Typical Discount

-1% to 5%

-1% to 5% in 2020

New Construction Homes

All new homes data is limited to homes actually listed on the Houston MLS (thus it does not include most to-be-built sales.)
From October 1st to October 31st, 2021

Units Sold:

1,387

Average Sold Price:

$400,655

Average Sold Discount:

1%

Average Price Reduction:

0%

Average DOM:

66

Sold Listings

1,387

-25% from 2020

Average

$400,655

15% from 2020

Typical

$281k to $420k

$238k to $372k in 2020

select any:
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$35kto$83k$83kto$130k$130kto$178k$178kto$225k$225kto$277k$277kto$329k$329kto$381k$381kto$433k$433kto$485k$485kto$537k$537kto$589k$589kto$641k$641kto$694k$694kto$2.2M$2.2Mto$3.8M$3.8Mto$5.3M$5.3Mto$6.9M
20212859246329264160975343302665311
202043929048335525414382523031195962

Average

$170

18% from 2020

Typical

$141 to $184

$120 to $150 in 2020

select any:
2021
2020

Number of New Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$44to$63$63to$82$82to$101$101to$119$119to$133$133to$146$146to$159$159to$173$173to$186$186to$199$199to$213$213to$226$226to$239$239to$441$441to$643$643to$845$845to$1,048
202111105711624023221419412276351364311
202081367444383230895852291914638

Avg Days to Sell

66

-30% from 2020

Typical Days to Sell

5 to 94

16 to 119 in 2020

select any:
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to2525to4949to7474to9999to124124to148148to173173to198198to223223to595595to966966to1,3381,338to1,710
202160322014095817442332966121
2020570305226185123907364541341753

Avgerage

0%

-158% from 2020

Typical

-1% to 0%

0% to in 2020

select any:
2021
2020

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

-30%to-24%-24%to-19%-19%to-14%-14%to-9%-9%to-7%-7%to-5%-5%to-3%-3%to-2%-2%to0%0%to2%2%to4%4%to6%6%to7%7%to10%10%to12%12%to15%15%to17%
20212812483748487780071605847421783
2020121101125641421,08112313710655501882

Average

1%

-68% from 2020

Typical

-1% to 3%

-1% to 5% in 2020

select any:
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-33%to-27%-27%to-20%-20%to-14%-14%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to19%19%to28%28%to37%37%to46%
202124105344508316553715799684463331
2020115792678244619288212163939163

Avgerage

1%

-41% from 2020

Typical

0% to 2%

0% to 3% in 2020

select any:
2021
2020

Negotiated Discounts from Final Builder List Price

The percentage difference between final list price and closed price, distributed

-33%to-25%-25%to-17%-17%to-10%-10%to-2%-2%to-1%-1%to0%0%to1%1%to2%2%to3%3%to3%3%to4%4%to5%5%to6%6%to16%16%to26%26%to36%36%to46%
20211136534836671211338655363261612
20204574473694221176148109805817941
select any:
2021
2020

New Homes Sold Homes by Month Closed

MayJuneJulyAugustSeptemberOctober
20211,8721,6831,4351,4691,3971,387
20201,5992,0452,0691,6551,8011,849
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20211,5141,7132,6673,3713,5113,598
20201,4791,8282,6343,6233,7864,035
select any:
2021
2020

New Pending Contracts per Month

Tracking the number of homes that go from active to pending, by month

JanuaryFebruaryMarchAprilMayJune
20214187681,5632,2861,9902,078
20202434889451,7682,6882,979
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$69k$96k$150k$178k$205k$232k$254k$270k$286k$302k$317k$333k$349k$365k$381k$397k$413k$429k$444k$460k$476k$492k$643k$929k$1.2M$1.5M$1.8M$2.1M$2.4M
20211637811144031394249715761685668598595506584957995132277347177668
20203612928393876941625782757982938584100959610981123160124305524325177593
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$73.1$99.17$107.87$116.56$125.25$131.77$136.12$140.46$144.8$149.15$153.49$157.84$162.18$166.52$170.87$175.21$179.56$183.9$188.25$192.59$196.93$219.67$260.8$301.93$343.06$384.19$425.32$466.45
2021161213570446245456656515752514260868886918673135234410228243
2020956528817783757285697288947784951289491561461662533223711,207
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

8519531,0561,1581,2601,3621,4651,5591,6451,7321,8181,9041,9902,0772,1632,2492,3352,4222,5082,5942,6802,7672,8533,1833,7564,3304,9035,4776,0516,624
202127764320315362477365516944636170705084727354696474113414318153319
20201351401538765587210780618974100888891105858869117111122161299152966680134
select any:
2021
2020

Average Days-to-Sell for Each Month

MayJuneJulyAugustSeptemberOctober
2021817865696566
20201041121121049794
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

The correlation between total home size and sold price per square foot

8439281,0131,0981,1831,2681,3531,4431,5371,6301,7241,8181,9122,0052,0992,1932,2872,3802,4742,5682,6622,7552,8493,1833,7564,3304,9035,4776,0516,624
2021$65$155$172$194$176$189$177$176$176$174$172$165$172$161$161$157$166$166$165$153$153$145$161$165$180$239$289$327$377$658
2020$446$132$155$179$155$155$154$145$141$140$140$144$134$132$144$135$140$134$129$123$120$152$148$197$166$259$245$509$440

Available Units

9,371

Total Sold

1,387

Average

1%

-68% from 2020

Typical Discount

-1% to 3%

-1% to 5% in 2020

Available Units

9,371

Total Sold

1,387

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.