Greater Houston Real Estate

February 2022 Houston Market Conditions

From February 1st to February 28th, 2022

Units Sold:

7,604

Average Sold Price:

$395,626

Average Sold Discount:

1%

Average Price Reduction:

1%

Average DOM:

48

Sold Listings

7,604

24% from 2021

Average

$395,626

13% from 2021

Typical

$255k to $445k

$217k to $380k in 2021

select any:
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$21kto$56k$56kto$91k$91kto$125k$125kto$160k$160kto$231k$231kto$302k$302kto$373k$373kto$444k$444kto$516k$516kto$587k$587kto$658k$658kto$729k$729kto$800k$800kto$2.4M$2.4Mto$4.0M$4.0Mto$5.7M$5.7Mto$7.3M
202217471281839181,9091,4951,0026403572511561173592032
202118941382601,4621,58495957129621315075722321821

Average

$171

20% from 2021

Typical

$133 to $185

$109 to $152 in 2021

select any:
2022
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$26to$45$45to$65$65to$84$84to$104$104to$126$126to$148$148to$170$170to$193$193to$215$215to$237$237to$259$259to$281$281to$303$303to$525$525to$747$747to$969$969to$1,190
2022925822641,0221,7141,7781,087579289168112803383831
202114472009141,8181,427681302188143877051174122

Avg Days to Sell

48

-24% from 2021

Typical Days to Sell

5 to 66

5 to 82 in 2021

select any:
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to2020to4040to6161to8181to101101to121121to142142to162162to182182to530530to878878to1,2261,226to1,574
20224,1268645655123313202111711213591482
20212,9657154974013492561781551224465363

Avgerage

1%

-7% from 2021

Typical

0% to 0%

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-33%-33%to-24%-24%to-16%-16%to-8%-8%to-5%-5%to-3%-3%to0%0%to2%2%to4%4%to7%7%to9%9%to12%12%to14%14%to21%21%to28%28%to34%34%to41%
2022341059621522885,75353730418310743531364
20212240551242594,502583257143684237841

Average

1%

-53% from 2021

Typical

-2% to 4%

-2% to 5% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-48%to-38%-38%to-28%-28%to-18%-18%to-8%-8%to-6%-6%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to7%7%to10%10%to12%12%to20%20%to29%29%to37%37%to46%
202234273433235679232,0851,157792488302184282632213
202122576982475511,8351,14784051231117625251165

Avgerage

0%

-75% from 2021

Typical

-1% to 2%

-1% 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

-48%to-38%-38%to-28%-28%to-18%-18%to-7%-7%to-6%-6%to-4%-4%to-2%-2%to-1%-1%to1%1%to3%3%to4%4%to6%6%to8%8%to17%17%to26%26%to35%35%to45%
20223153612283565327602,5561,10769935824532044143
202131362601362754982,1461,1627694192333343681
select any:
2022
2021
2020

Sold Homes by Month Closed

JanuaryFebruaryAugustSeptemberOctoberNovemberDecember
20226,6057,6041,4289,4408,7518,5689,719
20216,1596,1479609,2279,3078,1829,877
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20224,6182,5713,6165,9808,11212,902
20213,7132,7173,9466,0758,47513,237
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20226,2271,5438381,0671,3772,540
20214,8911,1657388061,1412,434
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$65k$86k$107k$127k$148k$169k$190k$211k$232k$254k$275k$297k$318k$340k$362k$383k$405k$426k$448k$469k$491k$512k$534k$770k$1.2M$1.7M$2.1M$2.6M$3.0M$3.5M
202245625650453335263731353840425342544662645268527210181202199200409
20214444777353463034363843464963736272698470697810110414018421325770753
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

$37.57$49.56$61.55$73.54$85.54$97.53$109.52$118.51$124.52$130.52$136.52$142.52$148.52$154.52$160.52$166.53$172.53$178.53$184.53$190.53$196.53$202.53$208.53$267.25$378.68$490.11$601.54$712.97$824.4$935.83
20222457454742343430363036334139444246535675825872797382611251588
202178142495165454248445247525554595678777488110839810613010662507241
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5606747889021,0151,1291,2431,3571,4721,5871,7011,8161,9312,0452,1602,2752,3902,5042,6192,7342,8482,9633,0783,6194,5865,5546,5217,4888,4569,423
20227166565746444645383936463944444546434544476047587711216811240411
2021404911479534536444347484749605951557166626664708516917821560334694
select any:
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18931906192019341947196119741982198519871990199319951998200020032005200820102013201620182021
202212686565567584238343236304237383644394232363575
2021242479510070705243475665705161685348754751616391
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryAugustSeptemberOctoberNovemberDecember
202244483835374143
202162646669656362
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

5456307147998849681,0531,1591,2861,4141,5411,6691,7961,9242,0512,1792,3062,4342,5612,6892,8162,9443,0713,6194,5865,5546,5217,4888,4569,423
2022$251$208$224$240$234$176$185$189$185$175$174$170$170$163$161$161$159$161$160$159$151$161$163$170$198$249$230$351$250$273
2021$222$145$156$160$139$149$138$172$148$146$138$134$136$138$134$136$132$137$129$135$131$133$138$144$188$239$260$254$199$604

Available Units

9,370

Total Sold

1,719

Average

1%

-53% from 2021

Typical Discount

-2% to 4%

-2% 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 February 1st to February 28th, 2022

Units Sold:

1,719

Average Sold Price:

$414,178

Average Sold Discount:

1%

Average Price Reduction:

0%

Average DOM:

77

Sold Listings

1,719

30% from 2021

Average

$414,178

16% from 2021

Typical

$288k to $454k

$240k to $381k in 2021

select any:
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$168kto$185k$185kto$202k$202kto$219k$219kto$236k$236kto$288k$288kto$341k$341kto$393k$393kto$446k$446kto$498k$498kto$551k$551kto$603k$603kto$656k$656kto$708k$708kto$2.1M$2.1Mto$3.6M$3.6Mto$5.0M$5.0Mto$6.4M
202291814453443622602071488170423380411
202122358613534821715798624419151841231

Average

$176

19% from 2021

Typical

$150 to $189

$122 to $156 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

$101to$107$107to$114$114to$120$120to$127$127to$140$140to$152$152to$165$165to$178$178to$191$191to$204$204to$217$217to$230$230to$242$242to$367$367to$491$491to$616$616to$741
20223122546152256299314205143934731681422
20215678117142282218156683530131013321212

Avg Days to Sell

77

-11% from 2021

Typical Days to Sell

13 to 111

13 to 120 in 2021

select any:
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to2424to4949to7373to9898to122122to147147to171171to196196to220220to559559to897897to1,2361,236to1,574
20225922522201401419894544080431
20214421781381221217774422592101

Avgerage

0%

-371% from 2021

Typical

0% to 1%

-1% 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.)

-37%to-29%-29%to-21%-21%to-13%-13%to-5%-5%to-4%-4%to-3%-3%to-1%-1%to0%0%to1%1%to3%3%to4%4%to5%5%to7%7%to9%9%to11%11%to13%13%to15%
2022129743283103173848114975046472577
202146535649413368771564019271452

Average

1%

-10% from 2021

Typical

0% to 3%

0% to 3% 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-23%-23%to-13%-13%to-4%-4%to-3%-3%to-1%-1%to0%0%to1%1%to3%3%to4%4%to6%6%to7%7%to9%9%to13%13%to17%17%to21%21%to25%
202232675621205162461941581068658691241
2021170418341616816312279584258142

Avgerage

1%

-25% from 2021

Typical

0% to 2%

0% to 3% 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

-41%to-31%-31%to-21%-21%to-11%-11%to-2%-2%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to5%5%to6%6%to11%11%to16%16%to20%20%to25%
2022213804873919520713392593935731111
2021259395111401391118560424574113
select any:
2022
2021
2020

New Homes Sold Homes by Month Closed

JanuaryFebruaryAugustSeptemberOctoberNovemberDecember
20221,3201,7193261,3971,3871,5682,092
20211,2241,3221851,8011,8491,7552,169
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20228781,0181,7182,6233,2743,961
20218691,0051,5682,4623,1633,938
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20229444904927399281,468
20219154443884837011,321
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$173k$185k$198k$211k$223k$236k$249k$264k$282k$300k$318k$336k$353k$371k$389k$407k$425k$443k$461k$479k$497k$515k$533k$767k$1.2M$1.7M$2.1M$2.6M
2022194091393756485458647169767265897276938480816211217282498413
202148342958845944556475807381809010288102104908488101102276322353333
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

$104.13$109.15$114.18$119.2$124.22$129.25$134.27$138.98$143.38$147.77$152.17$156.57$160.97$165.36$169.76$174.16$178.55$182.95$187.35$191.75$196.14$200.54$204.94$245.24$321.44$397.64$473.84$626.25
202275272341494048686172696954687357817490118109707210311422835988
202151238627580667570705964888274791107678116103111179298371573241
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

1,0371,1101,1841,2571,3301,4041,4771,5611,6541,7471,8401,9332,0272,1202,2132,3062,3992,4922,5862,6792,7722,8652,9583,3303,9804,6305,2805,9296,579
2022277027756777706065766283618264708466927491661027517390268133208
2021413518942515383747170588873115848275969673106863499180370827
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryAugustSeptemberOctoberNovemberDecember
202272776165666769
202185869297948585
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

1,0261,0781,1311,1831,2351,2871,3391,4171,5191,6221,7241,8271,9292,0322,1342,2362,3392,4412,5442,6462,7492,8512,9543,3303,9804,6305,2805,9296,579
2022$178$168$186$191$213$177$185$189$178$176$172$170$176$171$167$165$165$162$174$167$164$159$174$180$193$291$344$208$734
2021$125$144$174$144$182$152$152$157$147$150$140$139$142$139$137$140$134$151$132$137$119$149$152$153$209$342$655

Available Units

9,369

Total Sold

1,719

Average

1%

-10% from 2021

Typical Discount

0% to 3%

0% to 3% in 2021

Available Units

9,369

Total Sold

1,719

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.