Greater Houston Real Estate

February 2021 Houston Market Conditions

From February 1st to February 28th, 2021

Units Sold:

6,147

Average Sold Price:

$349,580

Average Sold Discount:

2%

Average Price Reduction:

1%

Average DOM:

64

Sold Listings

6,147

5% from 2020

Average

$349,580

17% from 2020

Typical

$217k to $380k

$189k to $340k in 2020

select any:
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$15kto$45k$45kto$75k$75kto$105k$105kto$135k$135kto$203k$203kto$271k$271kto$340k$340kto$408k$408kto$476k$476kto$544k$544kto$612k$612kto$680k$680kto$749k$749kto$2.6M$2.6Mto$4.5M$4.5Mto$6.3M$6.3Mto$8.2M
20211148931499301,7561,077777412218181133542921321
202014761352061,4451,61588060732716889804416691

Average

$143

12% from 2020

Typical

$109 to $152

$97 to $137 in 2020

select any:
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$10to$29$29to$48$48to$67$67to$86$86to$106$106to$125$125to$144$144to$164$164to$183$183to$202$202to$222$222to$241$241to$260$260to$549$549to$838$838to$1,128$1,128to$1,417
2021314532379991,5951,31673134421213412266296101
202013251495731,4531,5269273592551398164562156

Avg Days to Sell

64

-33% from 2020

Typical Days to Sell

5 to 82

14 to 135 in 2020

select any:
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to2727to5454to8181to108108to134134to161161to188188to215215to242242to794794to1,3461,346to1,8981,898to2,450
20213,205821552432283223156113532941221
20202,006775669523410334267199153512131

Avgerage

1%

-64% from 2020

Typical

0% 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.)

-48%to-38%-38%to-27%-27%to-17%-17%to-7%-7%to-4%-4%to-2%-2%to0%0%to2%2%to5%5%to7%7%to9%9%to12%12%to14%14%to23%23%to31%31%to40%40%to49%
202111357791624,394418482230135683750832
2020121414593,407503678433283168119134248

Average

2%

-51% from 2020

Typical

0% to 5%

to 8% in 2020

select any:
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-45%to-35%-35%to-25%-25%to-15%-15%to-4%-4%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to7%7%to8%8%to10%10%to12%12%to21%21%to30%30%to38%38%to47%
202124102893055741,70497675653130722713523750146
2020321055822261,2429428456654884052594671142912

Avgerage

2%

-41% from 2020

Typical

0% to 3%

0% to 4% in 2020

select any:
2021
2020

Negotiated Discounts from Final List Price

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

-47%to-36%-36%to-25%-25%to-14%-14%to-4%-4%to-2%-2%to-1%-1%to0%0%to2%2%to3%3%to4%4%to6%6%to7%7%to9%9%to17%17%to25%25%to33%33%to41%
20213372942413931,8578608805843352301502613783
20201310881042041,56184297866845130320635659236
select any:
2021
2020

Sold Homes by Month Closed

JanuaryFebruaryAugustSeptemberOctoberNovemberDecember
20216,1596,1479609,2279,3078,1829,877
20204,6765,8641,5497,1987,2436,4987,630
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20213,7132,7163,9466,0758,46113,185
20203,2542,6113,6676,3808,75813,290
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20214,8911,1657388051,1412,420
20205,0801,6097128081,0582,147
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$63k$80k$96k$113k$129k$145k$162k$180k$199k$218k$238k$257k$277k$296k$315k$335k$354k$373k$393k$412k$432k$451k$470k$724k$1.2M$1.7M$2.2M$2.7M$3.2M$3.7M
20214444777353463034363843464963736272698470697810110414018421325770753
20204971584751575347566273879197105109122129108125119140130139176317185226211252
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$26.32$37.06$47.8$58.54$69.27$80.01$90.75$98.8$104.16$109.51$114.87$120.23$125.58$130.94$136.3$141.65$147.01$152.37$157.73$163.08$168.44$173.8$179.15$225.53$312.94$400.34$487.74$575.14$662.55$749.95
202178142495165454248445247525554595678777488110839810613010662507241
20201096257427583103868389878284799097919393114100101150122151136144112187110
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5796968139301,0471,1651,2821,4021,5251,6481,7711,8942,0172,1412,2642,3872,5102,6332,7562,8793,0023,1253,2483,7844,7325,6806,6287,5758,5239,471
2021404911479534536444347484749605951557166626664708516917821560334694
20207983846768585860596572708280899010810397131123120147138161280338261285
select any:
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18971910192319361949196219751983198619881991199319951998200020032005200820102012201520172020
2021242479510070705243475665705161685348754751616391
202010373107133738174727488838910489928792978994106122135
select any:
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryAugustSeptemberOctoberNovemberDecember
202162646669656362
202094967877798490
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

5646517398269131,0011,0881,2001,3361,4721,6081,7451,8812,0172,1532,2892,4252,5612,6972,8342,9703,1063,2423,7844,7325,6806,6287,5758,5239,471
2021$222$145$156$160$139$149$138$172$148$146$138$134$136$138$134$136$132$137$129$135$131$133$138$144$188$239$260$254$199$604
2020$144$142$168$141$160$128$138$143$137$130$128$126$123$124$121$123$122$120$119$115$118$116$118$127$141$223$179$281$290

Available Units

9,366

Total Sold

1,322

Average

2%

-51% from 2020

Typical Discount

0% to 5%

to 8% 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 February 1st to February 28th, 2021

Units Sold:

1,322

Average Sold Price:

$358,402

Average Sold Discount:

1%

Average Price Reduction:

0%

Average DOM:

86

Sold Listings

1,322

2% from 2020

Average

$358,402

5% from 2020

Typical

$240k to $381k

$237k to $379k in 2020

select any:
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$40kto$80k$80kto$119k$119kto$159k$159kto$198k$198kto$249k$249kto$299k$299kto$350k$350kto$400k$400kto$450k$450kto$501k$501kto$551k$551kto$602k$602kto$652k$652kto$1.8M$1.8Mto$2.9M$2.9Mto$4.0M$4.0Mto$5.2M
2021141052325293196164825839171457622
20201158029625721617886573115124161

Average

$147

7% from 2020

Typical

$122 to $156

$114 to $143 in 2020

select any:
2021
2020

Number of New Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$26to$45$45to$64$64to$83$83to$102$102to$116$116to$129$129to$143$143to$156$156to$170$170to$183$183to$197$197to$210$210to$224$224to$361$361to$498$498to$636$636to$773
2021126314028528721214054282712491214
202021232413352591055648361813351011

Avg Days to Sell

86

-31% from 2020

Typical Days to Sell

13 to 120

35 to 177 in 2020

select any:
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to3131to6262to9292to123123to154154to185185to215215to246246to277277to586586to895895to1,2041,204to1,513
202150018916714693863322185981
202029817518011713683726648102132

Avgerage

0%

-103% from 2020

Typical

-1% to 0%

-1% 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.)

-18%to-15%-15%to-12%-12%to-9%-9%to-6%-6%to-4%-4%to-3%-3%to-2%-2%to-1%-1%to1%1%to2%2%to3%3%to4%4%to6%6%to8%8%to11%11%to14%14%to17%
202144124629547811571363574631412014
20201356245661776947767124873213

Average

1%

-69% from 2020

Typical

0% to 3%

0% to 8% in 2020

select any:
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-15%to-12%-12%to-10%-10%to-7%-7%to-4%-4%to-3%-3%to-2%-2%to0%0%to1%1%to3%3%to4%4%to6%6%to7%7%to9%9%to11%11%to13%13%to15%15%to18%
20213218434377166426166123786244371478
2020235198032913313410510984132763915

Avgerage

2%

-36% from 2020

Typical

0% to 3%

0% to 4% in 2020

select any:
2021
2020

Negotiated Discounts from Final Builder List Price

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

-14%to-11%-11%to-8%-8%to-5%-5%to-1%-1%to0%0%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%7%to10%10%to13%13%to16%16%to19%
202139846605291651389672504632471253
202032294042015815013183675242742772
select any:
2021
2020

New Homes Sold Homes by Month Closed

JanuaryFebruaryAugustSeptemberOctoberNovemberDecember
20211,2241,3221851,8011,8491,7552,169
20209641,2923361,4131,4771,4051,783
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20218691,0051,5682,4623,1623,934
20208671,0291,4482,5373,2273,725
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20219154443884827011,321
20201,0455253644816321,131
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$108k$125k$141k$158k$174k$191k$207k$223k$239k$254k$270k$285k$301k$317k$332k$348k$363k$379k$394k$410k$425k$441k$456k$702k$1.2M$1.7M$2.1M$2.6M
202148342958845944556475807381809010288102104908488101102276322353333
2020211007112314075818610311310911811214714712610714512317014015093152141436171563152
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$87.19$92.37$97.54$102.72$107.89$112.42$116.3$120.18$124.06$127.93$131.81$135.69$139.57$143.45$147.32$151.2$155.08$158.96$162.84$166.72$170.59$216.9$305.63$394.36$483.09$660.55$749.29
202151238627580667570705964888274791107678116103111179298371573241
20205398751281611061401451231391131301301171231071071121379610716795118245330239161281
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

8539581,0641,1691,2741,3801,4851,5871,6841,7821,8791,9772,0752,1722,2702,3672,4652,5622,6602,7572,8552,9523,0503,5394,4205,3006,181
2021413518942515383747170588873115848275969673106863499180370827
20201943709370100108106112951099987114155123136129181160117161141170142132120195432265
select any:
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryAugustSeptemberOctoberNovemberDecember
202185869297948585
2020117126116113111122116
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

8439291,0141,1001,1861,2711,3571,4531,5591,6651,7721,8781,9842,0902,1962,3022,4092,5152,6212,7272,8332,9403,0463,5394,4205,3006,181
2021$125$144$174$144$182$152$152$157$147$150$140$139$142$139$137$140$134$151$132$137$119$149$152$153$209$342$655
2020$324$236$154$434$141$132$137$145$146$135$133$138$135$140$143$130$130$127$118$127$120$130$130$137$133$134$213$192$404$346

Available Units

9,366

Total Sold

1,322

Average

1%

-69% from 2020

Typical Discount

0% to 3%

0% to 8% in 2020

Available Units

9,366

Total Sold

1,322

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.