Greater Houston Real Estate

March 2022 Houston Market Conditions

From March 1st to March 31st, 2022

Units Sold:

9,901

Average Sold Price:

$407,204

Average Sold Discount:

0%

Average Price Reduction:

1%

Average DOM:

45

Sold Listings

9,901

3% from 2021

Average

$407,204

11% from 2021

Typical

$255k to $450k

$223k to $402k in 2021

select any:
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$22kto$55k$55kto$89k$89kto$122k$122kto$155k$155kto$232k$232kto$309k$309kto$387k$387kto$464k$464kto$541k$541kto$618k$618kto$696k$696kto$773k$773kto$850k$850kto$4.6M$4.6Mto$8.4M$8.4Mto$12.2M$12.2Mto$16.0M
202215691532491,2592,5361,9781,35871742832217813849461
2021201091793062,2162,4821,6359375663232241478739711

Average

$174

18% from 2021

Typical

$136 to $189

$112 to $159 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$46$46to$65$65to$85$85to$104$104to$127$127to$150$150to$173$173to$195$195to$218$218to$241$241to$264$264to$287$287to$309$309to$461$461to$612$612to$764$764to$915
202211351033451,1852,2422,3581,480785384219127112361108178
202118732991,1922,6882,3781,16153832720117713410826239151

Avg Days to Sell

45

-32% from 2021

Typical Days to Sell

4 to 56

4 to 84 in 2021

select any:
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

-2to1919to3939to6060to8080to101101to121121to142142to162162to183183to637637to1,0911,091to1,5451,545to1,999
20225,7491,1486204873983682502271574781522
20214,7671,1536375784673813342451898364373

Avgerage

1%

-33% 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.)

-38%to-31%-31%to-24%-24%to-17%-17%to-9%-9%to-7%-7%to-4%-4%to-1%-1%to1%1%to4%4%to7%7%to9%9%to12%12%to15%15%to22%22%to29%29%to36%36%to43%
20226112801042133577,61063138120711261731673
202121431711353897,15188048922410052581453

Average

0%

-89% from 2021

Typical

-3% to 3%

-1% to 4% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-46%to-37%-37%to-28%-28%to-19%-19%to-10%-10%to-7%-7%to-5%-5%to-2%-2%to0%0%to2%2%to5%5%to7%7%to9%9%to12%12%to20%20%to29%29%to38%38%to46%
2022115474314317921,1081,4552,7941,066614412210362922713
2021439831263507661,3103,2651,501873543286385643110

Avgerage

0%

-122% from 2021

Typical

-2% to 2%

0% 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

-46%to-37%-37%to-28%-28%to-18%-18%to-9%-9%to-7%-7%to-5%-5%to-3%-3%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to17%17%to26%26%to35%35%to44%
202274464383165277319273,2381,35298254728742356124
20211873821984077693,2111,7931,46172040044256144
select any:
2022
2021
2020

Sold Homes by Month Closed

JanuaryFebruaryMarchOctoberNovemberDecember
20226,6057,6049,9018,7518,5689,719
20216,1596,1479,6429,3078,1829,877
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20227,0136,0043,9495,5427,45011,637
20216,4334,9433,8995,6317,64911,762
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20227,9947,2202,3588831,1652,199
20217,6596,0422,0077671,0472,092
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$63k$84k$104k$125k$146k$167k$188k$209k$231k$253k$275k$297k$319k$341k$363k$385k$407k$429k$451k$473k$495k$517k$539k$761k$1.2M$1.6M$2.0M$2.4M$2.9M$3.3M
2022694846613737353127313233384043494751495353635355911608174277332
20216767605666534236433943535766586183748275508286102157178336239102445
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

$36.19$48.57$60.94$73.32$85.7$98.07$110.45$119.66$125.69$131.73$137.76$143.8$149.83$155.87$161.9$167.94$173.98$180.01$186.05$192.08$198.12$204.15$210.19$263.42$363.84$464.27$564.69$665.12$765.54$865.97
202220407441315036273031303233363543454753595662737080695786222501
202125294742635744484640535052496062797675103999511412810512411893167
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5596687778869951,1041,2121,3261,4461,5651,6841,8031,9232,0422,1612,2802,3992,5192,6382,7572,8762,9963,1153,6564,6185,5806,5427,5048,4679,429
20227064564452305136353839373742364046465039505141545972180198312360
2021230101814867395553435450515555655359696073807271829819224535520958
select any:
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18731890190619231940195619731982198519881990199319951998200120032006200920112014201620192022
2022359169968255564137383128303235343638352231273169
20219510475103677953486742525058704849536152506070103
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchOctoberNovemberDecember
2022444845374143
2021626466656362
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

5466277087898709511,0321,1391,2701,4011,5331,6641,7951,9272,0582,1892,3212,4522,5832,7152,8462,9773,1093,6564,6185,5806,5427,5048,4679,429
2022$261$183$205$206$194$187$181$190$188$183$176$168$166$164$164$170$165$165$167$160$161$166$161$179$210$257$263$356$399$436
2021$215$147$200$189$164$164$162$156$154$144$147$141$144$141$142$136$140$132$135$137$140$146$139$149$174$228$217$336$343$219

Available Units

9,370

Total Sold

2,211

Average

0%

-89% from 2021

Typical Discount

-3% to 3%

-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 March 1st to March 31st, 2022

Units Sold:

2,211

Average Sold Price:

$416,842

Average Sold Discount:

0%

Average Price Reduction:

-1%

Average DOM:

72

Sold Listings

2,211

9% from 2021

Average

$416,842

6% from 2021

Typical

$295k to $459k

$245k to $400k in 2021

select any:
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$130kto$157k$157kto$183k$183kto$210k$210kto$236k$236kto$288k$288kto$339k$339kto$391k$391kto$442k$442kto$494k$494kto$545k$545kto$597k$597kto$648k$648kto$700k$700kto$1.9M$1.9Mto$3.0M$3.0Mto$4.2M$4.2Mto$5.4M
2022610227338943036428521112574694210173
202111241102714883062561739980362527931151

Average

$178

15% from 2021

Typical

$152 to $192

$126 to $161 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

$68to$84$84to$99$99to$114$114to$129$129to$141$141to$153$153to$165$165to$177$177to$189$189to$201$201to$213$213to$225$225to$237$237to$403$403to$569$569to$735$735to$901
2022151052052773443532972071619347921342
2021127172396401355236112794336261188206

Avg Days to Sell

72

-26% from 2021

Typical Days to Sell

12 to 112

18 to 130 in 2021

select any:
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to2323to4747to7070to9494to117117to140140to164164to187187to211211to658658to1,1051,105to1,5521,552to1,999
2022783323231175179133116106541101
2021586279230172171136948367191941

Avgerage

-1%

369% from 2021

Typical

-1% to 0%

-1% 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.)

-38%to-31%-31%to-23%-23%to-15%-15%to-8%-8%to-6%-6%to-5%-5%to-3%-3%to-2%-2%to-1%-1%to1%1%to2%2%to4%4%to5%5%to15%15%to24%24%to34%34%to43%
2022427985575951232581,131115775510731
2021111363444841462291,10484667510111

Average

0%

-76% from 2021

Typical

-1% to 2%

0% to 3% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-38%to-30%-30%to-22%-22%to-14%-14%to-6%-6%to-5%-5%to-3%-3%to-2%-2%to0%0%to1%1%to3%3%to4%4%to6%6%to7%7%to16%16%to25%25%to34%34%to43%
20224161005513316931978420314311958102532
202121341365713624072224518911586129141

Avgerage

1%

-26% from 2021

Typical

0% to 2%

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

-13%to-10%-10%to-8%-8%to-5%-5%to-2%-2%to-1%-1%to0%0%to1%1%to2%2%to2%2%to3%3%to4%4%to5%5%to6%6%to13%13%to21%21%to29%29%to37%
2022482772811481,03722917911495574910083
202111012555610184922618215590676713910
select any:
2022
2021
2020

New Homes Sold Homes by Month Closed

JanuaryFebruaryMarchOctoberNovemberDecember
20221,3201,7192,2111,3871,5682,092
20211,2241,3222,0231,8491,7552,169
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20221,1151,1521,5522,3362,9843,749
20211,1151,0821,4352,2642,8683,583
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20221,4681,2316375687341,245
20211,5211,1805724506261,137
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$139k$157k$175k$192k$210k$228k$246k$264k$281k$298k$316k$333k$351k$368k$386k$403k$420k$438k$455k$473k$490k$508k$525k$710k$1.1M$1.4M$1.8M$2.1M$2.8M
202253712143202946435157677763798181929581707494100869814310030707
20211077234376870677456848566729277901321011078997991121402813103781,760117738
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

$73.4$113.03$122.94$132.85$140$144.4$148.79$153.18$157.58$161.97$166.37$170.76$175.15$179.55$183.94$188.34$192.73$197.12$201.52$205.91$258.68$359.84$460.99$562.15$865.61
2022661148517064626363656663657768908588847788107511741,999
2021166210165744785746875768781686869916382997898134117174231222346170
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

7811,0031,1141,2251,3371,4481,5491,6401,7311,8221,9132,0042,0952,1862,2772,3682,4592,5502,6412,7322,8232,9143,3644,1734,9825,7927,4108,219
202258491843484359736555666868687582731038269849696728944187195
20212210898152435967768663771041047397971158694848512614313411630244545636076
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchOctoberNovemberDecember
2022727772666769
2021858698948585
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

7708619521,0431,1331,2241,3151,4101,5101,6101,7101,8101,9102,0102,1102,2092,3092,4092,5092,6092,7092,8092,9093,3644,1734,9825,7927,4108,219
2022$176$181$154$171$221$192$195$189$184$177$181$174$173$171$173$171$165$167$177$167$162$168$166$189$202$255$342$725$599
2021$185$248$140$176$190$158$154$157$151$151$147$143$147$143$154$144$139$136$138$133$148$153$173$154$208$277$368$255$595$367

Available Units

9,370

Total Sold

2,211

Average

0%

-76% from 2021

Typical Discount

-1% to 2%

0% to 3% in 2021

Available Units

9,370

Total Sold

2,211

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.