Greater Houston Real Estate

October 2022 Houston Market Conditions

From October 1st to October 31st, 2022

Units Sold:

6,713

Average Sold Price:

$401,368

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

46

Sold Listings

6,713

-23% from 2021

Average

$401,368

7% from 2021

Typical

$257k to $446k

$240k to $410k in 2021

select any:
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$45kto$74k$74kto$102k$102kto$131k$131kto$159k$159kto$231k$231kto$303k$303kto$374k$374kto$446k$446kto$518k$518kto$590k$590kto$662k$662kto$733k$733kto$805k$805kto$5.9M$5.9Mto$10.9M$10.9Mto$16.0M$16.0Mto$21.0M
202231581011458101,6261,340926511341220154114333111
202140931622031,4352,3621,6531,0145163382711491044032

Average

$175

10% from 2021

Typical

$138 to $190

$123 to $172 in 2021

select any:
2022
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$29to$48$48to$67$67to$87$87to$106$106to$126$126to$147$147to$167$167to$187$187to$208$208to$228$228to$249$249to$269$269to$290$290to$473$473to$657$657to$840$840to$1,023
2022931762196281,2521,4831,2256833702031186827648102
202115591655961,6422,1101,66895250426614111789342539

Avg Days to Sell

46

22% from 2021

Typical Days to Sell

8 to 62

5 to 43 in 2021

select any:
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

-24to-5-5to1414to3333to5252to7272to9191to110110to129129to148148to378378to608608to837837to1,067
202222,4721,3099026354582872061043092081
20214,4361,5859455783312411561083173457

Avgerage

2%

119% from 2021

Typical

0% to 4%

0% to 0% in 2021

select any:
2022
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.)

-36%to-27%-27%to-18%-18%to-9%-9%to0%0%to1%1%to3%3%to4%4%to5%5%to7%7%to8%8%to10%10%to11%11%to12%12%to19%19%to26%26%to33%33%to40%
202247292653,89239742633028426418215312527151103
2021413694986,11841442129323816212688851483285

Average

5%

147% from 2021

Typical

0% to 8%

to 5% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-41%to-32%-32%to-22%-22%to-13%-13%to-3%-3%to-1%-1%to1%1%to3%3%to6%6%to8%8%to10%10%to12%12%to14%14%to17%17%to24%24%to32%32%to40%40%to48%
202229213014611,6031,04685867553636127220026853119
202175661,1931,1012,3581,26397158738223719012915345228

Avgerage

2%

180% from 2021

Typical

0% to 4%

to 3% in 2021

select any:
2022
2021
2020

Negotiated Discounts from Final List Price

The percentage difference between final list price and closed price, distributed

-42%to-32%-32%to-22%-22%to-13%-13%to-3%-3%to-2%-2%to0%0%to1%1%to3%3%to4%4%to5%5%to7%7%to8%8%to10%10%to19%19%to29%29%to38%38%to48%
202237163093213842,3219708054983582351442893395
202163411,1017177122,9151,11079147531216812122533126
select any:
2022
2021
2020

Sold Homes by Month Closed

MayJuneJulyAugustSeptemberOctober
20229,8599,9418,3438,4397,7926,713
202110,03910,92210,38510,1819,4408,751
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20222,5833,8237,45813,59815,36218,590
20212,9153,8618,16214,62216,01919,772
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20226091,2092,9348,71510,31210,005
20215181,1183,59910,01811,03811,773
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$63k$85k$107k$129k$151k$172k$194k$216k$238k$260k$282k$305k$327k$349k$371k$393k$415k$437k$460k$482k$504k$526k$548k$805k$1.3M$1.8M$2.3M$2.8M$3.3M$3.7M
2022435544304349313233353841464849495654514856495555587155211133113
2021113332946393129272023253131343637444247364545425178204145157101107
select any:
2022
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$43.02$55.09$67.17$79.25$91.33$103.4$115.48$124.52$130.51$136.5$142.49$148.48$154.48$160.47$166.46$172.45$178.44$184.44$190.43$196.42$202.41$208.4$214.4$265.08$360.47$455.85$551.24$646.63$742.01$837.4
20222934865032443943394141413938434542495251505448555752815148118
202115187730283228252627272829283028383446384858555884106418774
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5616747879001,0131,1261,2391,3511,4641,5771,6901,8031,9162,0292,1422,2552,3682,4812,5942,7072,8202,9333,0463,5534,4565,3586,2617,1648,0668,969
20222444414444413338364440414147474349515647445159495362779416497
2021114436644502733293132313134303237344036363640353955129106105180296
select any:
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18791895191119271942195819741983198619881991199419961999200120042006200920112014201720192022
20222044347251443633352732373940373938353442383667
20214559585241413329282528363428283134353028263262
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

MayJuneJulyAugustSeptemberOctober
2022343228324046
2021473833333537
select any:
2022
2021
2020

Price per Square Foot versus Total Sq Ft

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

5476317168008849691,0531,1581,2831,4091,5341,6601,7851,9112,0362,1612,2872,4122,5382,6632,7892,9143,0393,5534,4565,3586,2617,1648,0668,969
2022$207$214$217$209$207$182$187$184$173$184$170$171$175$171$165$169$169$164$161$163$165$163$166$178$210$239$260$273$374$587
2021$228$211$178$208$197$164$170$166$169$168$162$155$155$152$153$150$151$150$146$143$144$151$146$159$183$239$274$406$230$231

Available Units

9,376

Total Sold

1,687

Average

5%

147% from 2021

Typical Discount

0% to 8%

to 5% in 2021

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 October 1st to October 31st, 2022

Units Sold:

1,687

Average Sold Price:

$423,896

Average Sold Discount:

5%

Average Price Reduction:

3%

Average DOM:

68

Sold Listings

1,687

22% from 2021

Average

$423,896

6% from 2021

Typical

$300k to $462k

$281k to $420k in 2021

select any:
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$140kto$165k$165kto$190k$190kto$214k$214kto$239k$239kto$293k$293kto$347k$347kto$401k$401kto$456k$456kto$510k$510kto$564k$564kto$618k$618kto$672k$672kto$726k$726kto$2.1M$2.1Mto$3.5M$3.5Mto$4.8M$4.8Mto$6.2M
2022422653278360328201118885751367663
202138258229831825612081463435205051

Average

$184

9% from 2021

Typical

$158 to $197

$141 to $184 in 2021

select any:
2022
2021
2020

Number of New Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$103to$112$112to$120$120to$129$129to$137$137to$150$150to$162$162to$175$175to$187$187to$200$200to$212$212to$225$225to$237$237to$250$250to$372$372to$493$493to$615$615to$737
2022162454173255295285211124726335671341
2021184366119229219195176112693413846161

Avg Days to Sell

68

3% from 2021

Typical Days to Sell

13 to 99

5 to 94 in 2021

select any:
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

-24to22to2727to5353to7979to104104to130130to155155to181181to207207to361361to514514to668668to822
202217948826219517212981494768143
2021254374218130959062443369104

Avgerage

3%

-1062% from 2021

Typical

0% to 7%

to 7% in 2021

select any:
2022
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.)

-29%to-23%-23%to-16%-16%to-9%-9%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to7%7%to9%9%to11%11%to13%13%to15%15%to18%18%to21%21%to24%24%to26%
2022441859837251391231151211026047561946
20212144816411476672725442141373

Average

5%

566% from 2021

Typical

0% to 10%

to 3% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-31%to-24%-24%to-17%-17%to-10%-10%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to15%15%to17%17%to23%23%to29%29%to36%36%to42%
20222313669944619116816715011810770711211
20211832186157549171107684029188721

Avgerage

2%

88% from 2021

Typical

0% to 4%

0% to 2% in 2021

select any:
2022
2021
2020

Negotiated Discounts from Final Builder List Price

The percentage difference between final list price and closed price, distributed

-30%to-23%-23%to-16%-16%to-9%-9%to-1%-1%to0%0%to1%1%to2%2%to3%3%to5%5%to6%6%to7%7%to8%8%to10%10%to15%15%to20%20%to25%25%to31%
202215795574619415513986714427661441
20211382827151781357245271741571
select any:
2022
2021
2020

New Homes Sold Homes by Month Closed

MayJuneJulyAugustSeptemberOctober
20221,8631,9881,5061,6331,7561,687
20211,8721,6831,4351,4691,3971,387
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20221,4721,7722,6303,2933,7643,759
20211,5141,7132,6673,3713,5153,598
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20225379171,4711,9012,0102,130
20214187681,5632,2871,9902,078
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$158k$190k$206k$223k$239k$255k$272k$291k$309k$327k$346k$364k$382k$401k$419k$437k$456k$474k$492k$511k$529k$547k$760k$1.2M$1.6M$2.4M$2.8M$3.2M
20227947115453549475858626470668895727864823085827715855474187
20211637811144031394249715761685668598595506584957995132277347177668
select any:
2022
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$120.53$125.34$130.16$134.97$139.78$144.6$149.28$153.82$158.37$162.92$167.46$172.01$176.56$181.11$185.65$190.2$194.75$199.3$203.84$208.39$212.94$217.49$245.92$298.23$350.54$402.86$455.17$507.49$559.8
202212551036087636661565666596164737567836175876366137821235218045
2021161213570446245456656515752514260868886918673135234410228243
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

9601,0411,1221,2031,2831,3641,4451,5301,6211,7121,8021,8931,9832,0742,1652,2552,3462,4372,5272,6182,7082,7992,8903,3524,1875,0215,8566,6917,525
202279127474535525241936554497757102646788947782538782457218786125
202127764320315362477365516944636170705084727354696474113414318153319
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

MayJuneJulyAugustSeptemberOctober
2022636454616468
2021817865696566
select any:
2022
2021
2020

Price per Square Foot versus Total Sq Ft

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

9481,0041,0601,1171,1731,2291,2851,3641,4651,5661,6681,7691,8711,9722,0732,1752,2762,3772,4792,5802,6822,7832,8843,3524,1875,0215,8566,6917,525
2022$161$185$203$193$182$227$184$194$186$187$183$192$175$172$170$176$180$182$187$165$167$170$178$195$201$335$480$298$737
2021$65$155$172$194$176$189$177$176$176$174$172$165$172$161$161$157$166$166$165$153$153$145$161$165$180$239$289$327$377$658

Available Units

9,376

Total Sold

1,687

Average

5%

566% from 2021

Typical Discount

0% to 10%

to 3% in 2021

Available Units

9,376

Total Sold

1,687

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.