Greater Houston Real Estate

July 2021 Houston Market Conditions

From July 1st to July 31st, 2021

Units Sold:

10,385

Average Sold Price:

$385,682

Average Sold Discount:

0%

Average Price Reduction:

0%

Average DOM:

33

Sold Listings

10,385

-5% from 2020

Average

$385,682

14% from 2020

Typical

$239k to $425k

$208k to $378k in 2020

select any:
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$11kto$46k$46kto$81k$81kto$116k$116kto$152k$152kto$225k$225kto$299k$299kto$373k$373kto$446k$446kto$520k$520kto$594k$594kto$667k$667kto$741k$741kto$815k$815kto$3.0M$3.0Mto$5.2M$5.2Mto$7.3M$7.3Mto$9.5M
202110641742721,5932,7551,9691,2577084302971951415031421
2020311061834062,8962,6641,823971594386211170893771231

Average

$170

26% from 2020

Typical

$122 to $169

$103 to $144 in 2020

select any:
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$12to$33$33to$54$54to$75$75to$96$96to$118$118to$139$139to$161$161to$182$182to$204$204to$226$226to$247$247to$269$269to$291$291to$33,810$33,810to$67,329$67,329to$100,849$100,849to$134,368
2021615874111,5932,7732,3421,1936243492061441105181
202012602511,4653,2672,7901,15255738124417412287343

Avg Days to Sell

33

-58% from 2020

Typical Days to Sell

4 to 26

7 to 101 in 2020

select any:
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to1717to3434to5151to6868to8484to101101to118118to135135to152152to533533to915915to1,2961,296to1,677
20216,9211,26461234524517512289904724262
20204,2251,3158357025985154503262321,596107162

Avgerage

0%

-89% 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.)

-46%to-38%-38%to-30%-30%to-22%-22%to-13%-13%to-11%-11%to-8%-8%to-5%-5%to-2%-2%to1%1%to4%4%to6%6%to9%9%to12%12%to20%20%to28%28%to35%35%to43%
202124138463961843278,16359044720085741965
202012215411341397,2001,55696146923220844113

Average

0%

-105% from 2020

Typical

-3% to 3%

-3% to 6% 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-28%-28%to-19%-19%to-9%-9%to-7%-7%to-5%-5%to-3%-3%to-1%-1%to1%1%to4%4%to6%6%to8%8%to10%10%to20%20%to29%29%to39%39%to49%
2021410384664117311,1741,5152,7261,18480746330242780146
202012104033982517742,9892,2811,6201,053629921141408

Avgerage

0%

-116% from 2020

Typical

-3% to 2%

-3% 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-37%-37%to-27%-27%to-18%-18%to-8%-8%to-6%-6%to-5%-5%to-3%-3%to-1%-1%to0%0%to2%2%to4%4%to5%5%to7%7%to16%16%to25%25%to34%34%to43%
202145264843546108641,1793,1471,2659646243384565563
20201184334862066273,2512,1541,9761,13259371577144
select any:
2021
2020

Sold Homes by Month Closed

FebruaryMarchAprilMayJuneJuly
20216,1479,6429,76310,03910,92210,385
20205,8757,3215,8386,5589,41210,923
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20218,6448,31011,65113,99914,19215,147
20207,6238,4699,47110,44612,40313,510
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20217,4898,10910,97910,77610,4709,667
20205,5647,7247,3386,91910,21110,254
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$62k$81k$101k$120k$139k$159k$178k$198k$219k$240k$261k$282k$304k$325k$346k$367k$388k$409k$430k$451k$472k$493k$514k$770k$1.3M$1.7M$2.2M$2.7M$3.2M$3.7M
20214855334639262023211825283031263634333036453433507173123129164217
2020815776695556464653586163727582919410795939710199111151151200128402181
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$19.9$33.05$46.19$59.33$72.48$85.62$98.77$108.18$113.86$119.54$125.21$130.89$136.57$142.25$147.93$153.61$159.29$164.97$170.65$176.33$182.01$187.69$193.36$245.45$343.93$442.41$540.89$639.37$737.85
20216356434029312521201921192621263239434130426253587253523121
20201093782731036976707063656363707568776982801051079411611910284129177161
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5616797979151,0321,1501,2681,3901,5151,6411,7661,8922,0182,1432,2692,3942,5202,6452,7712,8973,0223,1483,2733,8124,7635,7146,6657,6168,5679,518
2021575662374240342924292726272630272938293238253036467289204206193
20203983948265575754595961627267676680779480929989103148193161209244311
select any:
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18731890190719241940195719741983198619881991199319951998200020032005200820102012201520172020
20214756726339473132222427272520302423262722202182
202021319555768278646362667463647567627479716980112103
select any:
2021
2020

Average Days-to-Sell for Each Month

FebruaryMarchAprilMayJuneJuly
2021646656473833
2020969080798078
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

5456327188058929781,0651,1781,3171,4561,5951,7351,8742,0132,1522,2922,4312,5702,7092,8492,9883,1273,2663,8124,7635,7146,6657,6168,5679,518
2021$242$200$177$185$185$188$172$165$167$164$158$151$151$152$148$147$145$147$143$145$145$150$148$160$195$253$264$328$274$222
2020$202$145$147$155$138$159$159$152$147$133$133$131$131$131$132$130$127$121$124$125$125$124$130$137$155$205$279$288$342$257

Available Units

9,370

Total Sold

1,435

Average

0%

-105% from 2020

Typical Discount

-3% to 3%

-3% to 6% 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 July 1st to July 31st, 2021

Units Sold:

1,435

Average Sold Price:

$394,012

Average Sold Discount:

-1%

Average Price Reduction:

-2%

Average DOM:

65

Sold Listings

1,435

-31% from 2020

Average

$394,012

8% from 2020

Typical

$268k to $424k

$240k to $388k in 2020

select any:
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$102kto$130k$130kto$158k$158kto$187k$187kto$215k$215kto$267k$267kto$319k$319kto$372k$372kto$424k$424kto$476k$476kto$528k$528kto$581k$581kto$633k$633kto$685k$685kto$2.9M$2.9Mto$5.1M$5.1Mto$7.3M$7.3Mto$9.5M
20212715462863202511491076759351969111
202029741835013813471861207451341978711

Average

$259

84% from 2020

Typical

$138 to $179

$116 to $148 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$85$85to$94$94to$104$104to$113$113to$127$127to$140$140to$154$154to$168$168to$181$181to$195$195to$208$208to$222$222to$235$235to$33,768$33,768to$67,302$67,302to$100,835$100,835to$134,368
2021141552103229295229173118823524711
20201054133222504474238115954844272079

Avg Days to Sell

65

-42% from 2020

Typical Days to Sell

7 to 86

24 to 150 in 2020

select any:
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to2626to5252to7878to104104to131131to157157to183183to209209to235235to377377to518518to660660to802
20216462131701227055462120471582
202053429026718616812791815218055227

Avgerage

-2%

-245% from 2020

Typical

-4% to 0%

-4% 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.)

-33%to-28%-28%to-23%-23%to-19%-19%to-14%-14%to-12%-12%to-10%-10%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to-1%-1%to1%1%to3%3%to7%7%to11%11%to15%15%to19%
2021242046303543708014315270134471843
2020122112311381671,1431973131205212

Average

-1%

-138% from 2020

Typical

-3% to 1%

-3% to 6% in 2020

select any:
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-29%to-25%-25%to-21%-21%to-17%-17%to-13%-13%to-10%-10%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to5%5%to7%7%to11%11%to15%15%to19%19%to23%
2021391644304271891895511718758521433
2020122371143561379331256305119366

Avgerage

1%

-51% 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

-18%to-14%-14%to-10%-10%to-6%-6%to-2%-2%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to4%4%to5%5%to6%6%to10%10%to13%13%to17%17%to20%
20212310574669613813210064424726531333
20202952496261932422071831171038914238123
select any:
2021
2020

New Homes Sold Homes by Month Closed

FebruaryMarchAprilMayJuneJuly
20211,3222,0231,9491,8721,6831,435
20201,2951,6691,2711,5992,0452,069
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20212,1111,9372,3902,7682,8753,037
20201,9782,0112,3783,1153,1053,180
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20211,8132,0102,4212,0451,5431,475
20201,3251,8551,8611,8402,4122,322
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$114k$132k$150k$168k$186k$204k$222k$240k$257k$274k$291k$309k$326k$343k$360k$378k$395k$412k$429k$446k$464k$481k$498k$705k$1.1M$1.5M$1.9M$2.3M$2.7M$3.1M
20215182061285047333962505374605362866767706811370901451522665871281
2020127820121035988478949785971151221181301441461141359511373125288140282565354
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$84.14$90.46$96.78$103.1$109.42$115.74$122.06$127.46$131.96$136.45$140.94$145.43$149.93$154.42$158.91$163.4$167.9$172.39$176.88$181.37$185.87$190.36$194.85$246.27$344.63$442.98$541.33
20211501846222429543947554552556368636964457090916796190116251
2020601417697919696108112100111108102103107100939195104124102121144159240239225640489
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

6667949221,0501,1791,3071,4351,5471,6441,7411,8381,9352,0322,1292,2262,3232,4202,5172,6132,7102,8072,9043,0013,3453,9364,5275,1175,708
202110698224377395348576641765350767859836961607088728480252224
202023285382808495901139311010012098931111131171189312913914011317021429561333
select any:
2021
2020

Average Days-to-Sell for Each Month

FebruaryMarchAprilMayJuneJuly
2021869889817865
2020126125111104112112
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

6557628699761,0831,1891,2961,4031,5091,6151,7211,8281,9342,0402,1462,2532,3592,4652,5712,6782,7842,8902,9973,3453,9364,5275,1175,708
2021$240$228$171$162$156$170$167$178$170$174$159$154$179$156$163$149$157$157$152$148$143$165$171$167$162$241$288$380
2020$215$159$292$181$156$146$148$143$143$139$146$134$133$136$129$130$126$123$128$132$132$129$141$178$238$470$361$582

Available Units

9,371

Total Sold

1,435

Average

-1%

-138% from 2020

Typical Discount

-3% to 1%

-3% to 6% in 2020

Available Units

9,371

Total Sold

1,435

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.