Greater Houston Real Estate

September 2021 Houston Market Conditions

From September 1st to September 30th, 2021

Units Sold:

9,440

Average Sold Price:

$370,493

Average Sold Discount:

1%

Average Price Reduction:

1%

Average DOM:

35

Sold Listings

9,440

2% from 2020

Average

$370,493

13% from 2020

Typical

$235k to $408k

$205k to $365k in 2020

select any:
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$33kto$62k$62kto$92k$92kto$121k$121kto$150k$150kto$221k$221kto$292k$292kto$363k$363kto$434k$434kto$505k$505kto$576k$576kto$647k$647kto$718k$718kto$789k$789kto$2.5M$2.5Mto$4.2M$4.2Mto$5.9M$5.9Mto$7.6M
202129901342061,3932,5711,8811,0986483842531781024442522
2020431061792902,3482,4301,472829459288199134993271211

Average

$157

17% 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

$29to$46$46to$63$63to$79$79to$96$96to$117$117to$138$138to$159$159to$179$179to$200$200to$221$221to$241$241to$262$262to$283$283to$566$566to$848$848to$1,131$1,131to$1,414
20211832903311,4282,3282,1111,19763437118913089446223
202027713081,1242,6352,2961,119503293196141110802875

Avg Days to Sell

35

-49% from 2020

Typical Days to Sell

5 to 35

6 to 85 in 2020

select any:
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to1414to2929to4343to5757to7272to8686to100100to115115to129129to705705to1,2801,280to1,8561,856to2,431
20215,1971,447851543334212179114874512032
20203,7531,0877735744163202972221981,5503231

Avgerage

1%

-44% 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.)

-38%to-31%-31%to-24%-24%to-17%-17%to-11%-11%to-8%-8%to-5%-5%to-2%-2%to1%1%to3%3%to6%6%to9%9%to12%12%to14%14%to21%21%to27%27%to33%33%to39%
2021451868671102176,93971961532615286622724
2020422610361816,1411,17884038318894932264

Average

1%

-59% from 2020

Typical

-2% to 4%

-2% to 5% in 2020

select any:
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-45%to-36%-36%to-26%-26%to-17%-17%to-7%-7%to-5%-5%to-3%-3%to-1%-1%to1%1%to3%3%to6%6%to8%8%to10%10%to12%12%to21%21%to29%29%to37%37%to45%
202137434173808021,2272,5921,323892613407239355812313
202037944872377322,5491,9601,36585049529742499259

Avgerage

1%

-70% from 2020

Typical

-1% to 3%

-1% 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

-36%to-29%-29%to-21%-21%to-14%-14%to-6%-6%to-5%-5%to-3%-3%to-2%-2%to0%0%to2%2%to3%3%to5%5%to6%6%to8%8%to17%17%to27%27%to36%36%to45%
202157454153045668789763,1311,20671344526440850166
2020131259751454367633,4521,7671,05461029548254103
select any:
2021
2020

Sold Homes by Month Closed

MarchAprilMayJuneJulyAugustSeptember
20218009,76310,03910,92210,38510,1819,440
20205995,8386,5589,41210,9239,2629,227
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20214,2446,18111,86614,91015,66519,179
20204,5227,20810,36611,51414,33717,170
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20219723,00810,17411,14810,95711,607
20204852,2606,5407,01210,55712,265
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$64k$83k$101k$120k$139k$157k$176k$195k$215k$234k$254k$274k$293k$313k$333k$352k$372k$392k$411k$431k$451k$470k$490k$750k$1.2M$1.7M$2.2M$2.7M$3.2M$3.7M
20213736383437292023202720222934333634413837403737549513188227372141
20205258698155574043454854566766678779708577807294100179218189245318385
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$41.22$51.22$61.22$71.22$81.22$91.22$101.22$109.02$114.6$120.19$125.77$131.35$136.94$142.52$148.11$153.69$159.28$164.86$170.44$176.03$181.61$187.2$192.78$244.63$342.74$440.85$538.96$637.07$735.19$833.3
202160922372727312221242019202527293337393947616472725187433518
202011757807370617266555547565660556567646179777591108115154122541697
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5616747879001,0131,1261,2391,3551,4761,5971,7181,8391,9592,0802,2012,3222,4432,5642,6842,8052,9263,0473,1683,6994,6405,5816,5227,4638,4049,345
202154404134494525332828302729323031343037323639394048104125137302130
2020746871767157425255514754576459706867738280668586142186235349203381
select any:
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18891903191719321946196019741982198519871990199219951997200020022005200720102012201520172020
20212340485145453428292317202225312832322624253165
2020182583821117460614958496557606649625959616880174
select any:
2021
2020

Average Days-to-Sell for Each Month

MarchAprilMayJuneJulyAugustSeptember
202167564738333335
202084807980787269
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

5476337188048909751,0611,1701,3031,4361,5691,7011,8341,9672,1002,2322,3652,4982,6312,7632,8963,0293,1623,6994,6405,5816,5227,4638,4049,345
2021$236$191$182$209$200$181$165$166$176$158$155$155$153$151$148$149$150$144$144$146$145$153$157$156$185$233$240$271$383$490
2020$203$148$154$162$157$149$153$149$143$137$133$127$130$128$128$125$128$122$120$125$129$129$123$137$162$188$228$246$431$267

Available Units

9,370

Total Sold

1,397

Average

1%

-59% from 2020

Typical Discount

-2% to 4%

-2% to 5% 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 September 1st to September 30th, 2021

Units Sold:

1,397

Average Sold Price:

$403,310

Average Sold Discount:

0%

Average Price Reduction:

-1%

Average DOM:

65

Sold Listings

1,397

-22% from 2020

Average

$403,310

18% from 2020

Typical

$278k to $425k

$235k to $365k in 2020

select any:
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$129kto$152k$152kto$175k$175kto$198k$198kto$221k$221kto$276k$276kto$331k$331kto$385k$385kto$440k$440kto$495k$495kto$549k$549kto$604k$604kto$659k$659kto$713k$713kto$2.4M$2.4Mto$4.2M$4.2Mto$5.9M$5.9Mto$7.6M
20213161239267361243140954960281463511
20206251171844553572721366740392211662

Average

$170

22% from 2020

Typical

$143 to $184

$117 to $147 in 2020

select any:
2021
2020

Number of New Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$81to$90$90to$99$99to$108$108to$118$118to$131$131to$144$144to$157$157to$170$170to$184$184to$197$197to$210$210to$223$223to$236$236to$388$388to$540$540to$692$692to$844
2021162637113187262233178136803626551023
2020987120252437379199816139291618614

Avg Days to Sell

65

-33% from 2020

Typical Days to Sell

6 to 86

16 to 134 in 2020

select any:
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to2525to5151to7676to102102to127127to153153to178178to204204to229229to780780to1,3301,330to1,8811,881to2,431
202162622615511381493823156821
20205512782061621311039561381688

Avgerage

-1%

-204% from 2020

Typical

-2% to 0%

-2% 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-22%-22%to-16%-16%to-11%-11%to-9%-9%to-7%-7%to-5%-5%to-3%-3%to-1%-1%to0%0%to2%2%to4%4%to6%6%to11%11%to16%16%to21%21%to26%
20212514493534448110881050524057832
2020141417481371,0391441481021132412

Average

0%

-102% from 2020

Typical

-2% to 2%

-2% to 5% in 2020

select any:
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-32%to-26%-26%to-21%-21%to-15%-15%to-10%-10%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to5%5%to7%7%to9%9%to13%13%to18%18%to23%23%to28%
20214711484143801235461761018757501343
20201426278655528828720215213832114

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

-29%to-22%-22%to-16%-16%to-9%-9%to-2%-2%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%7%to13%13%to19%19%to25%25%to31%
202112145338607101361158351392461712
2020337327564724418719911184511161121
select any:
2021
2020

New Homes Sold Homes by Month Closed

MarchAprilMayJuneJulyAugustSeptember
20211861,9491,8721,6831,4351,4691,397
20201781,2711,5992,0452,0691,6551,801
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20211,8571,9392,7373,2903,3523,378
20201,7232,0212,7133,5393,6203,711
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20216721,2512,4292,3841,9191,945
20203358261,6991,9132,6332,875
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$137k$153k$168k$184k$200k$216k$231k$247k$264k$281k$297k$314k$331k$347k$364k$381k$397k$414k$430k$447k$464k$480k$497k$666k$986k$1.3M$1.6M$1.9M$2.3M$2.6M
20211720152739605252325042555554635676807960716790832393492049835126
20207848142776153758776688789110123120112798911510711290122235178247813334
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$97.32$102.77$108.22$113.68$119.13$124.59$129.57$134.07$138.58$143.08$147.59$152.09$156.6$161.1$165.61$170.11$174.62$179.12$183.63$188.13$192.64$197.14$238.11$315.55$392.98$470.41$547.85$702.71
202115127314129303636395454474655535158628288969710624181156553
202078315373878811810980828688859084898510176749713013620218628025167
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

9431,0291,1151,2011,2861,3721,4581,5481,6411,7341,8271,9202,0132,1062,1992,2922,3852,4782,5712,6642,7572,8502,9433,4504,3715,2928,056
202125384284262705757604459596457588265675262511048696323120
202052482583024541789399797186106938610411010086101120113871111931843240767205
select any:
2021
2020

Average Days-to-Sell for Each Month

MarchAprilMayJuneJulyAugustSeptember
202197898178656965
202011211110411211210497
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

9331,0001,0661,1331,1991,2661,3321,4161,5181,6191,7211,8221,9242,0252,1272,2282,3302,4312,5332,6342,7362,8372,9393,4504,3715,2926,2148,0568,977
2021$169$156$151$158$181$187$178$180$172$169$172$164$173$160$156$164$164$165$169$143$148$144$182$180$205$356$260$341$844
2020$353$131$220$143$150$151$152$139$145$136$139$139$128$134$136$128$129$127$116$140$150$143$141$180$186$293$272$245$409

Available Units

9,370

Total Sold

1,397

Average

0%

-102% from 2020

Typical Discount

-2% to 2%

-2% to 5% in 2020

Available Units

9,370

Total Sold

1,397

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.