Greater Houston Real Estate

March 2021 Houston Market Conditions

From March 1st to March 31st, 2021

Units Sold:

9,642

Average Sold Price:

$367,449

Average Sold Discount:

2%

Average Price Reduction:

1%

Average DOM:

66

Sold Listings

9,642

32% from 2020

Average

$367,449

19% from 2020

Typical

$223k to $402k

$195k to $345k in 2020

select any:
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$1kto$37k$37kto$72k$72kto$108k$108kto$143k$143kto$214k$214kto$285k$285kto$356k$356kto$427k$427kto$498k$498kto$569k$569kto$640k$640kto$711k$711kto$782k$782kto$2.7M$2.7Mto$4.6M$4.6Mto$6.5M$6.5Mto$8.3M
20216631562541,5842,6161,6841,1686444042731841234571583
20209681373501,9221,9881,1446313502021281094922761

Average

$148

15% from 2020

Typical

$112 to $159

$99 to $138 in 2020

select any:
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$22$22to$44$44to$66$66to$87$87to$108$108to$129$129to$150$150to$171$171to$192$192to$213$213to$234$234to$255$255to$276$276to$416$416to$555$555to$694$694to$833
2021114803861,5032,5702,1331,06854432320316514238276167
20203291616842,0112,0221,0963982781599982601972533

Avg Days to Sell

66

-27% from 2020

Typical Days to Sell

4 to 84

10 to 133 in 2020

select any:
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

-23to99to4040to7272to104104to135135to167167to199199to230230to262262to988988to1,7141,714to2,4392,439to3,165
20213,6492,3049637395783772701681094721021
20201,6361,79378471759445639526118249481

Avgerage

1%

-62% 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.)

-42%to-33%-33%to-25%-25%to-16%-16%to-7%-7%to-5%-5%to-2%-2%to0%0%to2%2%to5%5%to7%7%to9%9%to12%12%to14%14%to22%22%to31%31%to39%39%to47%
2021415871062514077,2516843771989452741355
20202521920562194,872789495353188121115238

Average

2%

-54% from 2020

Typical

-1% to 4%

-1% to 7% in 2020

select any:
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-49%to-38%-38%to-27%-27%to-16%-16%to-5%-5%to-3%-3%to-1%-1%to1%1%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to21%21%to30%30%to39%39%to48%
202153134604909432,6951,4211,23479855034217638062328
2020531564972671,5641,1771,21285262443631152497269

Avgerage

1%

-48% 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

-39%to-31%-31%to-22%-22%to-13%-13%to-5%-5%to-3%-3%to-2%-2%to0%0%to1%1%to2%2%to4%4%to5%5%to7%7%to8%8%to15%15%to23%23%to30%30%to38%
202115194553325887503,1031,4541,120651431248384721511
202023970762083752,2481,3981,097703406218380742910
select any:
2021
2020

Sold Homes by Month Closed

JanuaryFebruaryMarchOctoberNovemberDecember
20216,1596,1479,6429,3078,1829,877
20204,6765,8757,3217,2436,4987,630
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20216,4334,9423,8995,6317,62911,717
20205,1674,2563,5505,7887,83911,870
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20217,6596,0422,0077661,0472,076
20206,3396,2721,8327559791,917
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$62k$79k$97k$114k$132k$149k$167k$186k$207k$227k$248k$268k$289k$309k$330k$351k$371k$392k$412k$433k$454k$474k$495k$746k$1.2M$1.7M$2.2M$2.7M$3.2M$3.6M
20216767605666534236433943535766586183748275508286102157178336239102445
20204047546761454053635978829493921041021229512312111311413314023142121985120
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$31.58$41.82$52.05$62.28$72.51$82.75$92.98$100.95$106.65$112.35$118.05$123.76$129.46$135.16$140.86$146.57$152.27$157.97$163.67$169.37$175.08$180.78$186.48$232.4$318.54$404.68$490.82$576.96$663.1$749.24
202125294742635744484640535052496062797675103999511412810512411893167
2020486140779187817884808188747479838088102901151331101231391191278213
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5656868079281,0491,1701,2911,4151,5431,6711,7991,9272,0552,1832,3112,4382,5662,6942,8222,9503,0783,2063,3343,8174,6565,4956,3347,1738,0128,851
2021230101814867395553435450515555655359696073807271829819224535520958
2020351038067456353626562597380838883949910598108104108129173213229236144139
select any:
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18971910192319361949196219751983198619881991199319951998200020032005200820102012201520172020
20219510475103677953486742525058704849536152506070103
202089541276210774775180829856729691857685907095126139
select any:
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchOctoberNovemberDecember
2021626466656362
2020949690798490
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

5506417338249151,0071,0981,2141,3551,4961,6371,7781,9192,0602,2012,3412,4822,6232,7642,9053,0463,1873,3283,8174,6565,4956,3347,1738,0128,851
2021$215$147$200$189$164$164$162$156$154$144$147$141$144$141$142$136$140$132$135$137$140$146$139$149$174$228$217$336$343$219
2020$182$202$134$147$163$135$130$136$132$128$123$122$126$127$122$125$121$127$115$118$118$125$119$130$154$186$224$217$176$337

Available Units

9,367

Total Sold

2,023

Average

2%

-54% from 2020

Typical Discount

-1% to 4%

-1% to 7% 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 March 1st to March 31st, 2021

Units Sold:

2,023

Average Sold Price:

$391,768

Average Sold Discount:

1%

Average Price Reduction:

0%

Average DOM:

98

Sold Listings

2,023

21% from 2020

Average

$391,768

16% from 2020

Typical

$245k to $400k

$231k to $370k in 2020

select any:
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$100kto$125k$125kto$150k$150kto$176k$176kto$201k$201kto$259k$259kto$317k$317kto$376k$376kto$434k$434kto$492k$492kto$550k$550kto$609k$609kto$667k$667kto$725k$725kto$2.6M$2.6Mto$4.5M$4.5Mto$6.4M$6.4Mto$8.3M
20213519755484453072181188835342691632
20207291244753732711468753282284131

Average

$154

12% from 2020

Typical

$126 to $161

$114 to $145 in 2020

select any:
2021
2020

Number of New Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$82to$88$88to$94$94to$100$100to$106$106to$122$122to$138$138to$153$153to$169$169to$185$185to$201$201to$216$216to$232$232to$248$248to$367$367to$487$487to$607$607to$726
202126256828747449027713063422519682346
2020124661101402480249996841341493482

Avg Days to Sell

98

-22% from 2020

Typical Days to Sell

18 to 130

34 to 168 in 2020

select any:
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to3434to6969to103103to138138to172172to207207to241241to275275to310310to672672to1,0351,035to1,3971,397to1,760
202172934227321214310849382788833
2020425228240196183112814940103102

Avgerage

0%

-107% 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.)

-35%to-27%-27%to-20%-20%to-13%-13%to-5%-5%to-4%-4%to-3%-3%to-2%-2%to0%0%to1%1%to2%2%to3%3%to4%4%to6%6%to9%9%to13%13%to17%17%to20%
202121395471071421941,08078635549671996
2020122161015371097837810184632001044511

Average

1%

-73% 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

-35%to-27%-27%to-19%-19%to-12%-12%to-4%-4%to-3%-3%to-1%-1%to0%0%to2%2%to3%3%to4%4%to6%6%to7%7%to8%8%to13%13%to17%17%to21%21%to26%
202122691911496802702141691127852711893
20202310154535816516514914612310826677189

Avgerage

1%

-38% from 2020

Typical

0% to 2%

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

-25%to-19%-19%to-13%-13%to-7%-7%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%to20%
202112118874837228220166106747044821082
2020452415102052181581209067521102965
select any:
2021
2020

New Homes Sold Homes by Month Closed

JanuaryFebruaryMarchOctoberNovemberDecember
20211,2241,3222,0231,8491,7552,169
20209641,2951,6691,4771,4051,783
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20211,1151,0821,4352,2642,8663,579
20201,1101,0931,3862,3192,9553,460
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20211,5211,1805724496261,137
20201,3611,400655438565994
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$108k$125k$141k$158k$175k$191k$208k$224k$241k$258k$275k$292k$308k$325k$342k$359k$376k$392k$409k$426k$443k$460k$476k$725k$1.2M$1.7M$2.2M$2.6M$3.1M$3.6M
20211077234376870677456848566729277901321011078997991121402813103781,760117738
2020446350815291777510010111312912013114014612111615415014314316015829719768160585
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$85.25$89.82$94.38$98.95$103.52$108.09$112.66$116.99$121.08$125.17$129.27$133.36$137.45$141.54$145.64$149.73$153.82$157.91$162.01$166.1$170.19$174.28$178.38$224.13$311.54$398.96$486.37$573.78
2021166210165744785746875768781686869916382997898134117174231222346170
20208713466948711015714312911712091129106104901361191091161331291621501822993912385
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

6617969311,0661,2011,3361,4711,5881,6891,7901,8911,9912,0922,1932,2942,3942,4952,5962,6972,7972,8982,9993,1003,5244,2715,0185,7656,5127,2598,006
20212210898152435967768663771041047397971158694848512614313411630244545636076
20206121121005974119103889911611995109166111126127129107130146169170210200876276
select any:
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchOctoberNovemberDecember
2021858698948585
2020117126125111122116
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

6517668819961,1101,2251,3401,4521,5621,6711,7811,8902,0002,1092,2192,3282,4382,5472,6572,7672,8762,9863,0953,5244,2715,0185,7656,5127,2598,006
2021$185$248$140$176$190$158$154$157$151$151$147$143$147$143$154$144$139$136$138$133$148$153$173$154$208$277$368$255$595$367
2020$183$263$164$144$143$137$143$133$148$135$135$140$135$133$133$129$136$119$112$131$140$143$141$151$272$377$164

Available Units

9,366

Total Sold

2,023

Average

1%

-73% from 2020

Typical Discount

0% to 3%

0% to 8% in 2020

Available Units

9,366

Total Sold

2,023

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.