Greater Houston Real Estate

May 2021 Houston Market Conditions

From May 1st to May 31st, 2021

Units Sold:

10,039

Average Sold Price:

$384,221

Average Sold Discount:

0%

Average Price Reduction:

0%

Average DOM:

47

Sold Listings

10,039

53% from 2020

Average

$384,221

28% from 2020

Typical

$233k to $428k

$195k to $336k in 2020

select any:
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$8kto$43k$43kto$79k$79kto$114k$114kto$150k$150kto$228k$228kto$306k$306kto$384k$384kto$462k$462kto$540k$540kto$618k$618kto$696k$696kto$774k$774kto$852k$852kto$3.1M$3.1Mto$5.3M$5.3Mto$7.5M$7.5Mto$9.7M
202113701392761,8232,8341,7011,0946293902721721244871041
202022821603202,1201,79490344825513810646391186

Average

$155

23% from 2020

Typical

$118 to $167

$99 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

$2to$24$24to$47$47to$70$70to$93$93to$115$115to$136$136to$158$158to$180$180to$202$202to$224$224to$246$246to$267$267to$289$289to$454$454to$619$619to$784$784to$949
2021218843981,5982,6672,2141,1125863532291581054296184
20206351838412,0491,77974730517812771614491153

Avg Days to Sell

47

-41% from 2020

Typical Days to Sell

4 to 43

10 to 108 in 2020

select any:
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to2424to4747to7171to9595to118118to142142to166166to189189to213213to718718to1,2241,224to1,7291,729to2,234
20216,6759835343602622592031501104772042
20202,6321,047600415358277251182150628133

Avgerage

0%

-87% 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.)

-40%to-33%-33%to-25%-25%to-18%-18%to-10%-10%to-8%-8%to-5%-5%to-3%-3%to-1%-1%to2%2%to4%4%to7%7%to9%9%to12%12%to21%21%to30%30%to39%39%to48%
2021721478821662764307,691635290132100791723
20202310920361914,35070849428115823224113

Average

0%

-93% from 2020

Typical

-3% to 3%

-3% to 7% in 2020

select any:
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-48%to-38%-38%to-28%-28%to-18%-18%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to20%20%to29%29%to39%39%to49%
2021515304504047391,2541,3462,7781,12566842925840176178
20201663917561914291,9371,1248616214006941083410

Avgerage

0%

-97% from 2020

Typical

-2% to 2%

-2% 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

-48%to-38%-38%to-27%-27%to-17%-17%to-7%-7%to-6%-6%to-4%-4%to-2%-2%to-1%-1%to1%1%to2%2%to4%4%to6%6%to7%7%to18%18%to28%28%to38%38%to49%
202139234673375288571,0603,1371,35991153830644641123
2020453118591493432,0591,2321,00668038452742124
select any:
2021
2020

Sold Homes by Month Closed

JanuaryFebruaryMarchAprilMayDecember
20216,1596,1479,6429,76310,0399,877
20204,6765,8757,3215,8386,5587,630
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20218,2697,63910,0929,7087,37910,498
20206,6926,8056,7066,9297,27710,609
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20218,2047,86510,3488,1432,1581,905
20206,5457,6036,9725,2341,9601,820
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$60k$79k$98k$117k$136k$155k$174k$195k$217k$239k$261k$283k$305k$326k$348k$370k$392k$414k$436k$458k$480k$502k$524k$782k$1.3M$1.8M$2.3M$2.8M$3.3M$3.8M
2021375062463829323129363536374338405256444652606269141163161244142491
20206561516465564742535168826386839398918391929799109141237104157301271
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$32.37$43.1$53.83$64.56$75.29$86.03$96.76$105.05$110.91$116.77$122.62$128.48$134.34$140.19$146.05$151.91$157.76$163.62$169.48$175.33$181.19$187.05$192.9$237.55$321$404.44$487.88$571.32$654.77$738.21
2021291760762834332630292931343540434760576370837283887515416739375
202071051236269787481846971647361676476839086658911310510310410713994245
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5626828039231,0431,1641,2841,4081,5351,6631,7901,9182,0462,1732,3012,4282,5562,6832,8112,9393,0663,1943,3213,8364,7375,6386,5407,4418,3429,243
202150656646433848413737424243364137433939464644465883110258261465183
202055957470726249625059596071767086778276771059888106137204148357274361
select any:
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18871902191619311946196019751983198619881991199319951998200020032005200820102012201520172020
2021281298153665139383640293327382938394231314140111
2020108748093767967567951618383817258677958627583156
select any:
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilMayDecember
2021626466564762
2020949690807990
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

5476377288189089991,0891,2041,3451,4861,6261,7671,9082,0482,1892,3302,4712,6112,7522,8933,0333,1743,3153,8364,7375,6386,5407,4418,3429,243
2021$224$192$177$146$164$174$182$170$161$159$152$150$148$147$148$147$144$143$142$141$146$153$148$158$192$223$270$344$336$333
2020$186$176$142$136$154$157$138$130$133$130$125$128$123$126$124$124$121$119$115$114$122$119$110$124$143$179$180$225$337$293

Available Units

9,371

Total Sold

1,872

Average

0%

-93% from 2020

Typical Discount

-3% to 3%

-3% 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 May 1st to May 31st, 2021

Units Sold:

1,872

Average Sold Price:

$374,450

Average Sold Discount:

0%

Average Price Reduction:

-1%

Average DOM:

81

Sold Listings

1,872

17% from 2020

Average

$374,450

13% from 2020

Typical

$252k to $404k

$232k to $355k in 2020

select any:
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$65kto$100k$100kto$134k$134kto$169k$169kto$203k$203kto$255k$255kto$307k$307kto$359k$359kto$410k$410kto$462k$462kto$514k$514kto$566k$566kto$618k$618kto$669k$669kto$2.0M$2.0Mto$3.3M$3.3Mto$4.7M$4.7Mto$6.0M
20211524643954552831951459352392783722
202041514243338523213985463915154432

Average

$157

17% from 2020

Typical

$132 to $167

$114 to $142 in 2020

select any:
2021
2020

Number of New Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$75to$83$83to$92$92to$101$101to$109$109to$123$123to$136$136to$149$149to$162$162to$175$175to$188$188to$201$201to$215$215to$228$228to$388$388to$549$549to$709$709to$869
2021361372180314371345208130723824781141
2020123121133377406228115494323209338

Avg Days to Sell

81

-23% from 2020

Typical Days to Sell

9 to 112

27 to 144 in 2020

select any:
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to3030to6060to9191to121121to151151to181181to212212to242242to272272to473473to674674to875875to1,076
202178228821815913782433632642353
2020432260217189125100635035106173

Avgerage

-1%

-166% from 2020

Typical

-3% to 0%

-3% 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.)

-38%to-31%-31%to-24%-24%to-16%-16%to-9%-9%to-8%-8%to-6%-6%to-5%-5%to-3%-3%to-2%-2%to0%0%to1%1%to2%2%to4%4%to9%9%to13%13%to18%18%to23%
20212112795163891021601989046351691744
20202452910491127939497266107408

Average

0%

-105% from 2020

Typical

-2% to 2%

-2% to 7% in 2020

select any:
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-38%to-31%-31%to-23%-23%to-16%-16%to-8%-8%to-7%-7%to-5%-5%to-3%-3%to-1%-1%to0%0%to2%2%to4%4%to5%5%to7%7%to15%15%to22%22%to29%29%to36%
2021211179498011219864025919410248741631
2020251512493861951871811603466441

Avgerage

1%

-44% 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

-29%to-22%-22%to-15%-15%to-8%-8%to-1%-1%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to5%5%to6%6%to14%14%to21%21%to29%29%to36%
20211785818342031921211096843348491
202012574953214114714312693926114771
select any:
2021
2020

New Homes Sold Homes by Month Closed

JanuaryFebruaryMarchAprilMayDecember
20211,2241,3222,0231,9491,8722,169
20209641,2951,6691,2711,5991,783
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20211,7621,5561,8122,2942,6713,060
20201,6081,5111,7052,3372,7383,074
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20211,8721,7981,9691,301720986
20201,4891,7761,6511,352810918
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$80k$102k$123k$145k$167k$188k$210k$229k$245k$261k$278k$294k$310k$326k$342k$359k$375k$391k$407k$423k$440k$456k$472k$703k$1.1M$1.6M$2.0M$2.5M$2.9M
2021102226118938358516368626165946479751141008090849511132310234523455
20202484718543696558771107911297113120119999910111910714510298122155287150388
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$77.79$90.42$96.74$103.05$109.37$115.69$120.9$125.01$129.13$133.24$137.35$141.46$145.58$149.69$153.8$157.91$162.03$166.14$170.25$174.37$178.48$182.59$227.17$312.21$397.25$482.29$567.33$652.37
2021643060456158666961736860716961746710266878298127190138276814114
202037281041311041081049510312311489929410786119969184801009511915515369220209261
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

6197538871,0211,1541,2881,4221,5381,6351,7331,8311,9282,0262,1242,2212,3192,4172,5142,6122,7102,8072,9053,0023,5264,4755,4246,3737,322
202110216116037545560757367105788895796378746467778899190177129184
20205307811963829178888598107102111139871071078581137129140131144115447154328
select any:
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilMayDecember
2021858698898185
2020117126125111104116
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

6107268429591,0751,1911,3071,4181,5231,6281,7341,8391,9452,0502,1552,2612,3662,4722,5772,6822,7882,8932,9993,5264,4755,4246,3737,322
2021$118$258$134$173$152$159$161$170$158$154$159$148$157$156$147$148$140$148$141$141$143$149$158$168$196$305$374$448
2020$447$146$133$133$154$148$142$144$136$141$135$135$135$128$136$126$126$126$119$111$139$123$127$135$161$199$450$523$346

Available Units

9,369

Total Sold

1,872

Average

0%

-105% from 2020

Typical Discount

-2% to 2%

-2% to 7% in 2020

Available Units

9,369

Total Sold

1,872

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.