Greater Houston Real Estate

Quarterly Market Statistics - 2021 Q1

From January 1st to March 30th, 2021

Units Sold:

21,148

Average Sold Price:

$348,784

Average Sold Discount:

2%

Average Price Reduction:

1%

Average DOM:

64

Sold Listings

21,148

22% from 2020

Average

$348,784

16% from 2020

Typical

$215k to $385k

$188k to $340k in 2020

select any:
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$1kto$35k$35kto$68k$68kto$102k$102kto$135k$135kto$202k$202kto$269k$269kto$336k$336kto$403k$403kto$470k$470kto$537k$537kto$604k$604kto$671k$671kto$738k$738kto$2.6M$2.6Mto$4.5M$4.5Mto$6.4M$6.4Mto$8.3M
2021211383465173,2065,7343,8152,6741,4139275834462681,0153294
2020251934156694,1664,6952,7271,6509335393232201535372422

Average

$143

13% from 2020

Typical

$109 to $153

$97 to $136 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$43$43to$64$64to$85$85to$105$105to$125$125to$144$144to$164$164to$184$184to$203$203to$223$223to$243$243to$263$263to$551$551to$840$840to$1,128$1,128to$1,417
20217441728323,2995,3684,6892,5681,2327484803362691,019351
202014893911,6274,2374,6872,8061,08267041526320115457421

Avg Days to Sell

64

-31% from 2020

Typical Days to Sell

5 to 80

13 to 133 in 2020

select any:
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

-23to88to3838to6969to9999to130130to160160to191191to221221to252252to980980to1,7091,709to2,4372,437to3,165
20217,0275,7102,3971,7381,1548435954002201,0352432
20203,0244,2612,2271,8861,4171,1458736664381,316181

Avgerage

1%

-61% 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.)

-49%to-38%-38%to-28%-28%to-17%-17%to-7%-7%to-4%-4%to-2%-2%to0%0%to3%3%to5%5%to7%7%to9%9%to12%12%to14%14%to23%23%to32%32%to40%40%to49%
202167719123854815,1291,4491,65781344623214616728106
20202410475117710,1011,5751,9121,26781548933234262184

Average

2%

-50% from 2020

Typical

0% to 5%

1% to 8% 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%to3%3%to5%5%to7%7%to9%9%to11%11%to12%12%to22%22%to31%31%to40%40%to50%
2021119389951,0432,0465,8593,3672,6141,7571,1077374328431465312
202087341882807023,6202,8772,5712,0131,3781,0937341,3192787820

Avgerage

2%

-42% 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

-47%to-36%-36%to-25%-25%to-15%-15%to-4%-4%to-3%-3%to-1%-1%to0%0%to2%2%to3%3%to4%4%to6%6%to7%7%to8%8%to17%17%to26%26%to35%35%to43%
202166339957651,3036,3612,7183,0982,1581,285822533888124369
202048262392865594,4112,3143,0432,1851,4159245661,0571575214
select any:
2021
2020

Sold Homes by Month Closed

JanuaryFebruaryMarch
20216,1596,1478,842
20204,6765,8756,722
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20216,2344,6133,7775,8027,82411,452
20205,0354,0853,5655,8637,88711,568
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20217,5855,6761,7058191,2073,162
20206,3155,9871,5798141,2013,132
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$63k$79k$96k$112k$129k$145k$162k$180k$199k$218k$238k$257k$277k$296k$315k$335k$354k$374k$393k$412k$432k$451k$470k$731k$1.2M$1.7M$2.2M$2.7M$3.2M$3.7M
2021594957635149403337394348556364626976827777688210016120727325091389
20205062575357584750566371838998100104117116113120123129122139161218356163149134
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$21.84$33.22$44.59$55.97$67.35$78.72$90.1$98.48$103.85$109.23$114.61$119.98$125.36$130.74$136.11$141.49$146.87$152.24$157.62$163$168.37$173.75$179.13$225.52$312.92$400.33$487.73$575.14$662.54$749.95
20219061593850565151454548455051535759687673861009410812310989127251488
20209943645978839186898284828178878987919110110511012512714012214913812213
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5646838039221,0411,1611,2801,4021,5261,6511,7751,8992,0242,1482,2722,3972,5212,6452,7702,8943,0183,1433,2673,8024,7475,6926,6377,5828,5279,472
20211307488585939464841484949515959605964637272767382127200230271258474
20205372897464586163636167718278859098103103116113118125134176217344238230107
select any:
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18971910192319361949196219751983198619881991199319951998200020032005200820102012201520172020
202110980869769755143555461535565545551645151627791
20202002271559396767664719296878490958888909290102126131
select any:
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarch
2021626466
2020949691
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

5496397288189089971,0871,2011,3381,4751,6131,7501,8872,0252,1622,2992,4362,5742,7112,8482,9863,1233,2603,8024,7475,6926,6377,5828,5279,472
2021$226$146$176$165$157$152$152$157$149$144$139$137$138$136$136$136$133$132$130$134$133$137$140$144$178$225$258$282$190$456
2020$177$149$154$143$150$139$129$135$136$128$125$122$122$124$121$122$120$121$117$118$117$120$116$127$148$207$214$269$284$405

Available Units

9,463

Total Sold

4,383

Average

2%

-50% from 2020

Typical Discount

0% to 5%

1% to 8% 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 January 1st to March 30th, 2021

Units Sold:

4,383

Average Sold Price:

$367,534

Average Sold Discount:

1%

Average Price Reduction:

0%

Average DOM:

91

Sold Listings

4,383

17% from 2020

Average

$367,534

9% from 2020

Typical

$243k to $390k

$234k to $372k in 2020

select any:
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$40kto$80k$80kto$120k$120kto$160k$160kto$199k$199kto$252k$252kto$304k$304kto$356k$356kto$409k$409kto$461k$461kto$513k$513kto$565k$565kto$618k$618kto$670k$670kto$2.6M$2.6Mto$4.5M$4.5Mto$6.4M$6.4Mto$8.3M
2021112301771,10897064250828720310567522051042
2020242290948778618407251127835044101611

Average

$149

10% from 2020

Typical

$124 to $158

$114 to $144 in 2020

select any:
2021
2020

Number of New Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$26to$45$45to$65$65to$85$85to$104$104to$118$118to$131$131to$145$145to$159$159to$172$172to$186$186to$200$200to$213$213to$227$227to$363$363to$500$500to$636$636to$773
20211162114749201,004702394196112804216637610
202011424764979686302144141716133921942

Avg Days to Sell

91

-27% from 2020

Typical Days to Sell

14 to 122

34 to 170 in 2020

select any:
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to3232to6464to9696to128128to161161to193193to225225to257257to289289to657657to1,0251,025to1,3921,392to1,760
20211,62471458044730922512075681941566
2020911525479431379266206141118264264

Avgerage

0%

-100% 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.)

-40%to-31%-31%to-23%-23%to-14%-14%to-5%-5%to-4%-4%to-3%-3%to-1%-1%to0%0%to1%1%to2%2%to4%4%to5%5%to6%6%to10%10%to14%14%to17%17%to21%
20213182071322133053892,3181941501439115041217
202041322043972381,7502532331891644162127018

Average

1%

-69% 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

-40%to-31%-31%to-22%-22%to-13%-13%to-4%-4%to-3%-3%to-1%-1%to0%0%to2%2%to3%3%to5%5%to6%6%to8%8%to9%9%to16%16%to23%23%to30%30%to37%
20215292031603361,4725725093552511571221872831
2020322529987974034103723123082576308681

Avgerage

1%

-37% from 2020

Typical

0% to 3%

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

-40%to-30%-30%to-20%-20%to-11%-11%to-1%-1%to0%0%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%7%to12%12%to17%17%to22%22%to27%
20212182071881,8205164473442271751261001852781
202051081021,180473450367264209142139259419
select any:
2021
2020

New Homes Sold Homes by Month Closed

JanuaryFebruaryMarch
20211,2241,3221,837
20209641,2951,491
select any:
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20211,0461,0551,4732,2792,7993,083
20201,0441,0631,4552,3212,8433,108
select any:
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20211,4841,1105394867151,287
20201,3471,3315914827101,265
select any:
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$108k$125k$141k$157k$174k$190k$207k$223k$239k$255k$271k$287k$303k$319k$334k$350k$366k$382k$398k$414k$430k$446k$462k$711k$1.2M$1.7M$2.2M$2.6M$3.1M$3.6M
2021785179446457576062787572738572851041141059895811041233123773897101171,043
2020615711110110282708497101114128119134141147121119138148152150136150196303562331119120
select any:
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$75.16$81.03$86.9$92.78$98.65$104.52$110.39$115.27$119.16$123.05$126.94$130.82$134.71$138.6$142.49$146.37$150.26$154.15$158.04$161.92$165.81$169.7$173.58$219.68$307.98$396.29$484.59$572.89$661.2$749.5
2021541591777551597173667368807267747086778388871071081472632292622736041,001
202072120709211996139133131123124114123112114110107122101112120128128144195319320122281120
select any:
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

6617969301,0651,2001,3341,4691,5851,6831,7801,8781,9762,0742,1712,2692,3672,4652,5622,6602,7582,8562,9533,0513,5404,4215,3016,1827,0627,942
202122836413444636670796662978199779883969274909713711615335166318676
20201746678100807412096100102115118102115118126128143119151145154175143184244489276
select any:
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarch
2021858698
2020117126126
select any:
2021
2020

Price per Square Foot versus Total Sq Ft

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

6527678829971,1131,2281,3431,4541,5601,6661,7731,8791,9852,0912,1972,3042,4102,5162,6222,7282,8352,9413,0473,5404,4215,3016,1827,0627,942
2021$185$174$143$156$166$163$154$157$147$150$143$141$144$141$145$144$135$145$133$135$129$149$156$154$205$306$330$648$367
2020$270$241$172$193$147$141$139$146$137$145$132$134$139$130$136$131$131$128$119$120$129$132$131$135$162$270$341$164

Available Units

9,463

Total Sold

4,383

Average

1%

-69% from 2020

Typical Discount

0% to 3%

0% to 8% in 2020

Available Units

9,463

Total Sold

4,383

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.