Greater Houston Real Estate

August 2021 Houston Market Conditions

From August 1st to August 31st, 2021

Units Sold:

10,181

Average Sold Price:

$377,449

Average Sold Discount:

1%

Average Price Reduction:

0%

Average DOM:

33

Sold Listings

10,181

10% from 2020

Average

$377,449

14% from 2020

Typical

$238k to $420k

$206k to $373k in 2020

select any:
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$35kto$64k$64kto$93k$93kto$121k$121kto$150k$150kto$221k$221kto$291k$291kto$362k$362kto$433k$433kto$504k$504kto$574k$574kto$645k$645kto$716k$716kto$787k$787kto$2.5M$2.5Mto$4.1M$4.1Mto$5.8M$5.8Mto$7.5M
2021341001382201,4282,7061,9541,2407344143362251424831962
2020481141623102,2372,4361,45091446532220212987363151

Average

$157

17% from 2020

Typical

$122 to $169

$103 to $145 in 2020

select any:
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$31to$47$47to$64$64to$80$80to$96$96to$117$117to$137$137to$158$158to$178$178to$199$199to$219$219to$240$240to$261$261to$281$281to$469$469to$658$658to$846$846to$1,034
20219341143521,4572,5032,3191,3326553752151761164386362
202019833431,1002,6182,2501,11649834221415111481281171

Avg Days to Sell

33

-54% from 2020

Typical Days to Sell

4 to 29

6 to 91 in 2020

select any:
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to1616to3232to4747to6363to7979to9595to110110to126126to142142to511511to880880to1,2481,248to1,617
20216,2971,477704427274191126987746824126
20203,7851,2057795563803073152932221,296105114

Avgerage

0%

-70% 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.)

-43%to-35%-35%to-28%-28%to-20%-20%to-13%-13%to-10%-10%to-7%-7%to-4%-4%to-1%-1%to2%2%to5%5%to8%8%to11%11%to13%13%to22%22%to30%30%to39%39%to47%
20215101077641071763217,767807406189104781752
20201268619681776,4881,2746212861301072761

Average

1%

-83% 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

-46%to-36%-36%to-27%-27%to-18%-18%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to5%5%to7%7%to9%9%to11%11%to21%21%to31%31%to40%40%to50%
2021514314574667811,2732,8691,2631,10466142828240281214
2020321757411344482,2991,7691,6301,08164339057990376

Avgerage

0%

-93% from 2020

Typical

-2% to 2%

-2% 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

-40%to-32%-32%to-24%-24%to-16%-16%to-7%-7%to-6%-6%to-4%-4%to-2%-2%to-1%-1%to1%1%to3%3%to4%4%to6%6%to8%8%to17%17%to27%27%to37%37%to47%
202126274723515538281,1593,1861,35391350931144449133
20201495237932916472,9942,0041,36677638853344147
select any:
2021
2020

Sold Homes by Month Closed

MarchAprilMayJuneJulyAugust
20219,6429,76310,03910,92210,38510,181
20207,3215,8386,5589,41210,9239,262
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20216,9238,26211,99714,57715,13718,151
20206,2898,59310,07211,12613,62815,895
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20213,6567,50111,10211,00510,81011,339
20201,7156,6357,3806,97510,47711,961
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$62k$81k$100k$119k$138k$157k$176k$195k$216k$237k$258k$279k$300k$321k$342k$363k$384k$405k$426k$447k$468k$489k$510k$768k$1.3M$1.8M$2.3M$2.8M$3.3M$3.7M
202140465129443024192022202532283427323833333135414971163170178343101
20207580756961513942425254636877798277798681858183110141158227149127177
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$39.86$50.02$60.17$70.33$80.48$90.63$100.79$108.64$114.19$119.75$125.3$130.86$136.41$141.96$147.52$153.07$158.62$164.18$169.73$175.29$180.84$186.39$191.95$243.75$341.81$439.87$537.92$635.98$734.04
2021422149322831192522212024232124263134423443414662906548152230
202021367816678897163615860495361605967808368100100132110106106861678850
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5796948099251,0401,1551,2701,3891,5101,6311,7521,8741,9952,1162,2372,3592,4802,6012,7222,8442,9653,0863,2073,7154,6095,5036,3987,2928,1869,080
202182415744404230302827262726272832313330343027293439121119322313176
202042117718673445146595158546558637067716982887210193150202172134294466
select any:
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18851900191519301945196019751983198619881991199319951998200020032005200820102012201520172020
202148204911643452724292027222127312923232520232988
20201735762107648158568359635161745556587071637785178
select any:
2021
2020

Average Days-to-Sell for Each Month

MarchAprilMayJuneJulyAugust
2021665647383333
2020908079807872
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

5636477318169009841,0681,1771,3121,4471,5821,7171,8521,9872,1222,2562,3912,5262,6612,7962,9313,0663,2013,7154,6095,5036,3987,2928,1869,080
2021$241$192$184$197$172$172$175$163$170$159$156$152$149$157$150$148$153$146$147$142$145$152$149$156$191$224$240$296$273$348
2020$232$159$157$168$139$152$168$142$141$143$130$131$130$129$130$127$127$120$124$122$125$128$136$136$160$202$208$255$272$189

Available Units

9,371

Total Sold

1,469

Average

1%

-83% 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 August 1st to August 31st, 2021

Units Sold:

1,469

Average Sold Price:

$406,803

Average Sold Discount:

-1%

Average Price Reduction:

-2%

Average DOM:

69

Sold Listings

1,469

-11% from 2020

Average

$406,803

18% from 2020

Typical

$275k to $425k

$240k to $381k in 2020

select any:
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$125kto$150k$150kto$175k$175kto$200k$200kto$225k$225kto$274k$274kto$323k$323kto$373k$373kto$422k$422kto$471k$471kto$520k$520kto$570k$570kto$619k$619kto$668k$668kto$1.9M$1.9Mto$3.1M$3.1Mto$4.3M$4.3Mto$5.5M
20214514512873402291641037645334458952
202010228016339928523818275494524195641

Average

$167

17% from 2020

Typical

$139 to $178

$118 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

$84to$92$92to$100$100to$108$108to$116$116to$130$130to$144$144to$158$158to$172$172to$186$186to$201$201to$215$215to$229$229to$243$243to$392$392to$540$540to$689$689to$838
202136135214225629626016091672420561512
20202265106163423331227845946281718488

Avg Days to Sell

69

-34% from 2020

Typical Days to Sell

4 to 86

19 to 136 in 2020

select any:
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to2626to5252to7979to105105to131131to157157to184184to210210to236236to564564to891891to1,2191,219to1,546
2021679220165109696637212861923
20204912381781421621118736391462031

Avgerage

-2%

-266% 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.)

-41%to-34%-34%to-27%-27%to-21%-21%to-14%-14%to-12%-12%to-9%-9%to-7%-7%to-5%-5%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to8%8%to11%11%to13%13%to16%
20211795723465453931578094239352793
20201311914318999717112212044287

Average

-1%

-128% from 2020

Typical

-2% to 1%

-2% to 6% in 2020

select any:
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-42%to-34%-34%to-26%-26%to-19%-19%to-11%-11%to-9%-9%to-7%-7%to-5%-5%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to8%8%to12%12%to16%16%to21%21%to25%
202114960385487109177586132904357161
20201832114210551328922617919253204

Avgerage

1%

-52% 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

-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%to5%5%to6%6%to7%7%to11%11%to16%16%to20%20%to25%
20215101049537291441349078422625551342
2020524233676212101921121158638105215
select any:
2021
2020

New Homes Sold Homes by Month Closed

MarchAprilMayJuneJulyAugust
20212,0231,9491,8721,6831,4351,469
20201,6691,2711,5992,0452,0691,655
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20212,0822,0092,6123,0773,1163,184
20201,9422,0822,5803,3693,3843,391
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20211,2331,8982,5382,2531,7851,766
20206371,6351,9001,8832,5682,706
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$138k$154k$170k$186k$202k$218k$234k$251k$267k$284k$301k$317k$334k$351k$368k$384k$401k$418k$435k$451k$468k$485k$502k$759k$1.3M$1.8M$2.3M$2.8M$3.2M
2021728141717414241324149635054654984114765779824248102231242169354404
202050392147627358657579788693931251101101251081121258711810614221429055351
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$97.99$103.04$108.09$113.14$118.19$123.24$127.95$132.32$136.69$141.06$145.42$149.79$154.16$158.53$162.9$167.26$171.63$176$180.37$184.74$189.1$193.47$244.62$342.54$440.46$538.39
2021742722356055605057464653496162655667626289124145262104
20201454472132969597110121789393977987859887939591103193135177227134228465279
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

8089231,0381,1521,2671,3821,4961,5991,6901,7811,8721,9622,0532,1442,2352,3262,4172,5082,5992,6892,7802,8712,9623,4494,3305,2126,0946,9767,858
2021361599455265714858476069495354637078898365816666103173341624469
2020556153154364164748386907298105839711710410810894125182109125153239355101
select any:
2021
2020

Average Days-to-Sell for Each Month

MarchAprilMayJuneJulyAugust
2021988981786569
2020125111104112112104
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

7988929871,0811,1751,2691,3631,4611,5601,6601,7601,8601,9602,0592,1592,2592,3592,4592,5582,6582,7582,8582,9583,4494,3305,2126,0946,9767,858
2021$231$234$194$194$184$185$186$176$170$166$164$160$166$157$154$153$153$158$160$153$142$146$156$172$202$318$374$547$497
2020$266$138$131$165$169$138$167$164$145$149$138$140$144$137$142$134$138$132$128$121$131$135$137$142$158$209$289$420

Available Units

9,371

Total Sold

1,469

Average

-1%

-128% from 2020

Typical Discount

-2% to 1%

-2% to 6% in 2020

Available Units

9,371

Total Sold

1,469

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.