Greater Houston Real Estate

December 2022 Houston Market Conditions

From December 1st to December 31st, 2022

Units Sold:

6,503

Average Sold Price:

$407,689

Average Sold Discount:

7%

Average Price Reduction:

4%

Average DOM:

64

Sold Listings

6,503

-33% from 2021

Average

$407,689

5% from 2021

Typical

$255k to $455k

$248k to $430k in 2021

select any:
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$38kto$69k$69kto$99k$99kto$130k$130kto$160k$160kto$235k$235kto$310k$310kto$385k$385kto$460k$460kto$535k$535kto$610k$610kto$685k$685kto$760k$760kto$835k$835kto$3.0M$3.0Mto$5.1M$5.1Mto$7.2M$7.2Mto$9.3M
202216511081338121,6941,306798495321198159863111131
202135841512451,4282,6481,9331,132594415287184110455141

Average

$172

5% from 2021

Typical

$137 to $187

$128 to $179 in 2021

select any:
2022
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$32to$50$50to$68$68to$86$86to$104$104to$125$125to$146$146to$167$167to$187$187to$208$208to$229$229to$250$250to$270$270to$291$291to$470$470to$650$650to$829$829to$1,008
2022330782146861,1991,5141,14764733417089582595853
202115601444291,4942,2431,9701,326695385192135118442524

Avg Days to Sell

64

48% from 2021

Typical Days to Sell

13 to 93

5 to 54 in 2021

select any:
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to2121to4242to6363to8484to105105to126126to147147to168168to189189to644644to1,0981,098to1,5531,553to2,007
20222,1591,152785560459386284208176329221
20215,3791,365802578469314231166893041731

Avgerage

4%

238% from 2021

Typical

0% to 7%

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.)

-42%to-32%-32%to-21%-21%to-11%-11%to0%0%to2%2%to3%3%to5%5%to7%7%to9%9%to10%10%to12%12%to14%14%to15%15%to22%22%to29%29%to36%36%to43%
20221281583,3165025074253773012271831592615194
2021510385736,930651506313212166786545751765

Average

7%

244% from 2021

Typical

1% to 11%

-1% to 4% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-49%to-37%-37%to-25%-25%to-14%-14%to-2%-2%to0%0%to3%3%to5%5%to8%8%to10%10%to13%13%to15%15%to18%18%to20%20%to27%27%to35%35%to42%42%to49%
202242163021,18890791181763848040228121123664197
2021611531,7692,9061,6611,269790468273172114797524177

Avgerage

3%

258% 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

-49%to-37%-37%to-25%-25%to-14%-14%to-2%-2%to-1%-1%to1%1%to2%2%to4%4%to5%5%to7%7%to8%8%to10%10%to11%11%to21%21%to30%30%to40%40%to49%
202233133063061,8531,02996264140832919112926942132
202148311,5238363,1911,4621,0445953472431338418125102
select any:
2022
2021
2020

Sold Homes by Month Closed

JulyAugustSeptemberOctoberNovemberDecember
20228,3438,4397,7926,7135,9046,503
202110,38510,1819,4408,7518,5689,719
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20221,7112,6064,1777,01010,94618,805
20211,7672,6004,4197,52211,72019,992
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20223086801,0901,3362,6348,626
20212806721,1311,6143,43610,585
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$66k$88k$110k$133k$155k$177k$199k$221k$244k$267k$290k$313k$335k$358k$381k$404k$427k$450k$472k$495k$518k$541k$564k$820k$1.3M$1.8M$2.3M$2.8M$3.3M
20227853373234364146535958656861677371787477678573717312892312158
202164484736423123242328323542404750485055534255506398122112120243231
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

$52.41$62.95$73.49$84.02$94.56$105.1$115.64$123.83$129.67$135.51$141.35$147.19$153.03$158.87$164.71$170.55$176.39$182.23$188.07$193.91$199.75$205.59$211.43$262.81$359.74$456.67$553.6$650.53$747.46$844.39
202222533232465056565461595862585758676775818264727281879283298
20219058533136433030272827302937343948505358596561707386817619330
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5606767929081,0241,1401,2561,3711,4861,6011,7151,8301,9442,0592,1742,2882,4032,5172,6322,7472,8612,9763,0913,6244,5775,5296,4827,4358,3879,340
20222651513943404651546459646262467361767172667775737094219162139719
20213958514536363639333735373640424349384141484244546311013818474361
select any:
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

19071919193019421954196519771984198719891992199419971999200220042007200920122014201720192022
20223645836053524842446541473852484664515259516087
20212861575253593426233234324038303438382732324066
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

JulyAugustSeptemberOctoberNovemberDecember
2022283240465264
2021333335374143
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

5476387298209111,0021,0931,2011,3261,4521,5781,7031,8291,9552,0802,2062,3312,4572,5832,7082,8342,9593,0853,6244,5775,5296,4827,4358,3879,340
2022$324$187$204$194$161$177$191$179$175$176$171$164$166$161$161$162$163$163$163$163$169$171$166$180$216$259$354$418$406$371
2021$197$211$201$190$173$195$174$178$172$168$165$165$158$157$158$155$154$153$149$148$157$156$158$168$193$241$283$296$284$440

Available Units

9,377

Total Sold

2,250

Average

7%

244% from 2021

Typical Discount

1% to 11%

-1% to 4% 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 December 1st to December 31st, 2022

Units Sold:

2,250

Average Sold Price:

$424,279

Average Sold Discount:

8%

Average Price Reduction:

5%

Average DOM:

88

Sold Listings

2,250

8% from 2021

Average

$424,279

5% from 2021

Typical

$297k to $475k

$284k to $435k in 2021

select any:
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$140kto$164k$164kto$188k$188kto$212k$212kto$236k$236kto$294k$294kto$351k$351kto$408k$408kto$465k$465kto$523k$523kto$580k$580kto$637k$637kto$694k$694kto$751k$751kto$2.1M$2.1Mto$3.5M$3.5Mto$4.9M$4.9Mto$6.3M
202238267639156033025917513177554610463
20217736974784993362101169761412377421

Average

$179

3% from 2021

Typical

$154 to $193

$147 to $187 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$104$104to$113$113to$122$122to$131$131to$143$143to$155$155to$167$167to$179$179to$191$191to$202$202to$214$214to$226$226to$238$238to$431$431to$623$623to$816$816to$1,008
20222337711732883963323332191538742102101
2021184510023431633733724717394562690121

Avg Days to Sell

88

27% from 2021

Typical Days to Sell

24 to 131

9 to 100 in 2021

select any:
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to2727to5454to8181to108108to134134to161161to188188to215215to242242to468468to693693to919919to1,144
2022600403281221197171148704410681
202182736022719716810365521862442

Avgerage

5%

603% from 2021

Typical

0% to 9%

0% to 2% 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.)

-42%to-32%-32%to-21%-21%to-11%-11%to0%0%to2%2%to3%3%to5%5%to7%7%to9%9%to11%11%to13%13%to15%15%to17%17%to20%20%to23%23%to26%26%to29%
20221410878616719220320713413212478683195
202133263411,15819814183672912109241

Average

8%

320% from 2021

Typical

2% to 14%

2% to 4% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-49%to-37%-37%to-24%-24%to-12%-12%to0%0%to2%2%to4%4%to7%7%to9%9%to11%11%to14%14%to16%16%to18%18%to21%21%to26%26%to31%31%to36%36%to40%
20222610543319524126624220119815592912011
202111173728763082181327536251372211

Avgerage

3%

158% 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

-49%to-37%-37%to-25%-25%to-13%-13%to-1%-1%to0%0%to2%2%to3%3%to5%5%to6%6%to7%7%to9%9%to10%10%to12%12%to18%18%to25%25%to31%31%to37%
20221121097302322912481641361067542951422
20211159995364249133694429171017221
select any:
2022
2021
2020

New Homes Sold Homes by Month Closed

JulyAugustSeptemberOctoberNovemberDecember
20221,5061,6331,7561,6871,7042,250
20211,4351,4691,3971,3871,5682,092
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20229861,2592,1093,0703,8354,190
20219401,2132,1443,1183,5624,014
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20222574597249281,3062,068
20212224397551,1481,4352,089
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$148k$166k$183k$200k$217k$234k$251k$270k$290k$310k$330k$350k$370k$390k$410k$430k$450k$470k$490k$510k$530k$550k$570k$756k$1.1M$1.5M$1.8M$2.2M$2.5M$2.9M
20221095999523577698772828592879394941028510095931067893728912464200368
20211686273739363441536358715468786797877552665910686166294285148966483
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

$109.86$114.96$120.05$125.15$130.25$135.34$140.44$145.21$149.67$154.12$158.57$163.02$167.47$171.92$176.37$180.83$185.28$189.73$194.18$198.63$203.08$207.53$211.99$241.13$294.96$348.79$402.62$456.46$510.29
202276435398598210092888385767479968310010210497102719181877687214173
202181747645950615839626345584962766477886976726590107316179240
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

8159201,0261,2361,3421,4471,5481,6431,7391,8351,9302,0262,1222,2172,3132,4082,5042,6002,6952,7912,8872,9823,4744,3625,2506,138
2022609463615776741107978887470909980103929797100969590123326
20213363363664465362635260636574738673755975448386116222559966
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

JulyAugustSeptemberOctoberNovemberDecember
2022546164687588
2021656965666769
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

8088999911,0821,1731,2651,3561,4531,5551,6561,7581,8601,9622,0632,1652,2672,3692,4702,5722,6742,7762,8772,9793,4744,3625,2506,138
2022$312$171$167$172$179$183$180$189$184$171$178$172$169$172$168$168$172$174$167$170$169$188$177$188$216$381$520
2021$169$159$160$171$206$203$165$182$191$172$173$166$169$165$168$168$163$161$171$149$163$144$177$181$226$314$229$430$378

Available Units

9,377

Total Sold

2,250

Average

8%

320% from 2021

Typical Discount

2% to 14%

2% to 4% in 2021

Available Units

9,377

Total Sold

2,250

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.