Greater Houston Real Estate

November 2022 Houston Market Conditions

From November 1st to November 30th, 2022

Units Sold:

5,904

Average Sold Price:

$401,491

Average Sold Discount:

6%

Average Price Reduction:

3%

Average DOM:

52

Sold Listings

5,904

-31% from 2021

Average

$401,491

5% from 2021

Typical

$258k to $443k

$243k to $421k in 2021

select any:
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$30kto$60k$60kto$90k$90kto$120k$120kto$150k$150kto$225k$225kto$300k$300kto$375k$375kto$450k$450kto$525k$525kto$600k$600kto$675k$675kto$750k$750kto$825k$825kto$2.8M$2.8Mto$4.9M$4.9Mto$6.9M$6.9Mto$8.9M
20221552771326021,5241,203872440273201137732901021
202121671282001,1522,3431,7481,046585380237147126364173

Average

$174

7% from 2021

Typical

$137 to $189

$126 to $177 in 2021

select any:
2022
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$30to$48$48to$66$66to$84$84to$102$102to$123$123to$143$143to$164$164to$185$185to$206$206to$227$227to$247$247to$268$268to$289$289to$815$815to$1,342$1,342to$1,868$1,868to$2,395
2022833721824891,0341,3671,0816093401811286929311
202115361123561,3042,0311,8061,1356052922031269242631

Avg Days to Sell

52

28% from 2021

Typical Days to Sell

10 to 73

5 to 50 in 2021

select any:
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to1919to3737to5656to7474to9393to111111to130130to148148to167167to318318to469469to621621to772
20222,2481,0516525073833041991641002484062
20214,6841,20272653640325017012010127864146

Avgerage

3%

190% from 2021

Typical

0% to 6%

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.)

-41%to-30%-30%to-20%-20%to-10%-10%to0%0%to2%2%to3%3%to5%5%to7%7%to8%8%to10%10%to11%11%to13%13%to15%15%to22%22%to29%29%to36%36%to43%
20223161463,2314374473532732511731461292453596
20216494656,085525478313188133936245672182

Average

6%

203% from 2021

Typical

0% to 10%

-1% to 5% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-32%to-25%-25%to-17%-17%to-10%-10%to-3%-3%to0%0%to2%2%to5%5%to7%7%to10%10%to12%12%to15%15%to17%17%to19%19%to27%27%to35%35%to42%42%to50%
202245252613611,52588872261443932224618021952186
20215181271,3471,1142,6171,208813491292168113649440205

Avgerage

3%

215% from 2021

Typical

0% to 5%

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

-25%to-19%-19%to-14%-14%to-8%-8%to-3%-3%to-1%-1%to0%0%to2%2%to3%3%to5%5%to7%7%to8%8%to10%10%to11%11%to21%21%to31%31%to40%40%to50%
202255302542741,72282884261242228919412824837111
202111221851,0617202,6521,1441,043651362226157931883591
select any:
2022
2021
2020

Sold Homes by Month Closed

MayJuneJulyAugustSeptemberOctoberNovember
20229449,9418,3438,4397,7926,7135,904
20211710,92210,38510,1819,4408,7518,568
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20222,1083,0795,2019,89415,15518,983
20212,1853,0795,49810,75615,75420,227
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20224499211,5403,1069,16310,071
20213618411,5713,8659,91211,874
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$70k$91k$112k$133k$154k$175k$196k$217k$239k$261k$283k$306k$328k$350k$372k$394k$416k$438k$460k$482k$505k$527k$549k$805k$1.3M$1.8M$2.3M$2.8M$3.3M$3.8M
202287412940423436413841474758585359626262566161626247486393120228
2021823641544633302323252835313835414646485246524158101102204171216106
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

$46$57.46$68.93$80.39$91.86$103.33$114.79$123.59$129.73$135.87$142.01$148.14$154.28$160.42$166.55$172.69$178.83$184.97$191.1$197.24$203.38$209.51$215.65$261.56$347.24$432.92$518.6$604.28$689.96$775.63
2022246644484442445245434952454543435368776962686156595761405456
2021851641434133302327272328313434383741525051647167827763906
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5776888009121,0231,1351,2461,3581,4711,5831,6951,8081,9202,0322,1452,2572,3702,4822,5942,7072,8192,9313,0443,5694,5065,4446,3827,3198,2579,194
2022174647463743374147475150465253536159545451615159597044100169121
20214773545540383929343336373632303936423642385246465596151125130226
select any:
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18691886190419211938195619731983198619881991199419961999200120042006200920112014201720192022
202216333266847474333423642313243434442424147444474
20216247486554483730302821352733393032333036373064
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

MayJuneJulyAugustSeptemberOctoberNovember
202230322832404652
202166383333353741
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

5636467298128959781,0611,1641,2891,4141,5391,6641,7891,9142,0392,1632,2882,4132,5382,6632,7882,9133,0383,5694,5065,4446,3827,3198,2579,194
2022$188$286$201$221$178$169$180$190$173$180$174$167$172$166$168$158$171$165$163$160$167$166$169$176$222$254$277$349$484$392
2021$226$207$214$190$175$185$178$181$167$170$165$158$156$155$154$153$154$153$148$153$151$166$150$159$192$207$247$341$345$241

Available Units

9,377

Total Sold

1,704

Average

6%

203% from 2021

Typical Discount

0% to 10%

-1% 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 November 1st to November 30th, 2022

Units Sold:

1,704

Average Sold Price:

$413,911

Average Sold Discount:

8%

Average Price Reduction:

5%

Average DOM:

75

Sold Listings

1,704

9% from 2021

Average

$413,911

7% from 2021

Typical

$295k to $458k

$280k to $420k in 2021

select any:
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$130kto$157k$157kto$184k$184kto$211k$211kto$239k$239kto$291k$291kto$344k$344kto$396k$396kto$449k$449kto$501k$501kto$554k$554kto$606k$606kto$659k$659kto$712k$712kto$2.0M$2.0Mto$3.3M$3.3Mto$4.6M$4.6Mto$5.9M
2022432059311314331209143825242488141
2021583381347369254143107554834206121

Average

$180

6% from 2021

Typical

$155 to $195

$146 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

$95to$105$105to$114$114to$124$124to$134$134to$146$146to$158$158to$171$171to$183$183to$195$195to$207$207to$220$220to$232$232to$244$244to$377$377to$509$509to$641$641to$773
20221415651772502762622191481025934711031
2021322561171992432962261729442201753311

Avg Days to Sell

75

12% from 2021

Typical Days to Sell

17 to 110

8 to 93 in 2021

select any:
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to2525to4949to7474to9999to124124to148148to173173to198198to223223to302302to382382to461461to541
2022550295220148131998154405813105
20216322551791369263494841461182

Avgerage

5%

1447% from 2021

Typical

0% to 9%

0% to 1% 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.)

-19%to-14%-14%to-10%-10%to-6%-6%to-1%-1%to1%1%to3%3%to5%5%to7%7%to9%9%to11%11%to12%12%to14%14%to16%16%to19%19%to21%21%to23%23%to25%
202223146759912214615214310810680754428113
202113224518387610313297511214721

Average

8%

353% from 2021

Typical

2% to 12%

2% to 4% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-25%to-19%-19%to-13%-13%to-7%-7%to-1%-1%to1%1%to3%3%to6%6%to8%8%to10%10%to13%13%to15%15%to18%18%to20%20%to27%27%to35%35%to42%42%to50%
20221216662981791801902111651281196182311
2021414431785882671881536136184352

Avgerage

3%

104% from 2021

Typical

0% to 5%

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

-25%to-19%-19%to-13%-13%to-7%-7%to-1%-1%to0%0%to1%1%to3%3%to4%4%to6%6%to7%7%to8%8%to10%10%to11%11%to21%21%to31%31%to40%40%to50%
20221310727867921917112410178483481311
202149691288122211376251242091831
select any:
2022
2021
2020

New Homes Sold Homes by Month Closed

MayJuneJulyAugustSeptemberOctoberNovember
20222481,9881,5061,6331,7561,6871,704
202151,6831,4351,4691,3971,3871,568
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20221,2541,5232,4703,2733,8733,981
20211,1741,4582,4413,2853,5593,867
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20223926821,0801,4261,9312,189
20212915841,0381,6231,8792,170
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$158k$173k$189k$205k$221k$236k$252k$269k$288k$307k$325k$344k$362k$381k$400k$418k$437k$455k$474k$493k$511k$530k$549k$723k$1.1M$1.4M$1.7M$2.0M$2.4M$2.7M
202215062136303638494862628692756979848892769253961128311092861217104
2021362638333448474266455568626061678058791256787728884251111413
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

$112.65$117.45$122.24$127.03$131.83$136.62$141.42$146.12$150.72$155.33$159.94$164.54$169.15$173.75$178.36$182.96$187.57$192.18$196.78$201.39$205.99$210.6$215.21$243.83$296.46$349.1$401.73$454.37$507$559.64
20229134747875597076675257576564718488115919186888672391401048925652
20214452942515353685850497453606185756774699089941562651177
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

7388539691,0851,2001,3161,4321,5351,6251,7151,8061,8961,9862,0772,1672,2572,3482,4382,5282,6192,7092,7992,8903,2703,9414,6115,2825,952
202217676013737427861837061556764957495829781696510689801041847
20218604132353061546862587162566471705986668854487981528547891358
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

MayJuneJulyAugustSeptemberOctoberNovember
202257645461646875
2021116786569656667
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

7298269231,0201,1171,2141,3111,4091,5081,6061,7051,8031,9012,0002,0982,1972,2952,3942,4922,5902,6892,7872,8863,2703,9414,6115,2825,952
2022$521$166$177$174$161$190$192$193$184$188$180$179$173$174$171$168$173$178$182$162$165$158$173$185$190$282$306$416
2021$176$170$176$163$185$200$178$175$174$174$172$166$163$171$159$161$159$156$166$161$161$141$176$171$182$214$249$299$294$269

Available Units

9,376

Total Sold

1,704

Average

8%

353% from 2021

Typical Discount

2% to 12%

2% to 4% in 2021

Available Units

9,376

Total Sold

1,704

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.