Greater Houston Real Estate

May 2022 Houston Market Conditions

From May 1st to May 31st, 2022

Units Sold:

9,859

Average Sold Price:

$436,019

Average Sold Discount:

-1%

Average Price Reduction:

0%

Average DOM:

34

Sold Listings

9,859

-2% from 2021

Average

$436,019

13% from 2021

Typical

$270k to $490k

$233k to $428k in 2021

select any:
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$33kto$66k$66kto$99k$99kto$132k$132kto$165k$165kto$252k$252kto$339k$339kto$427k$427kto$514k$514kto$601k$601kto$688k$688kto$776k$776kto$863k$863kto$950k$950kto$3.0M$3.0Mto$5.0M$5.0Mto$7.1M$7.1Mto$9.1M
202226671632261,4832,6401,9581,0886634572861841244731821
2021421091943182,6522,5941,604878519310193130109361154

Average

$184

19% from 2021

Typical

$143 to $199

$118 to $167 in 2021

select any:
2022
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$22to$45$45to$67$67to$89$89to$111$111to$136$136to$161$161to$186$186to$210$210to$235$235to$260$260to$285$285to$310$310to$335$335to$482$482to$629$629to$776$776to$924
2022935933561,3762,3962,2861,3736323422191439037799143
202115672831,3822,9582,4461,108587315203139104872734673

Avg Days to Sell

34

-28% from 2021

Typical Days to Sell

4 to 31

4 to 43 in 2021

select any:
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

-20to00to1919to3939to5959to7878to9898to118118to137137to157157to502502to847847to1,1921,192to1,537
202246,7081,0775033632471831511304622164
20216,3941,02052237429020522919072573112

Avgerage

0%

-48% 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.)

-46%to-37%-37%to-29%-29%to-20%-20%to-12%-12%to-9%-9%to-7%-7%to-4%-4%to-1%-1%to1%1%to4%4%to7%7%to9%9%to12%12%to20%20%to28%28%to36%36%to43%
202255881901462123677,70456231515684662661
202143856581372394187,699693345145101692321

Average

-1%

-397% from 2021

Typical

-4% to 2%

-3% to 3% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-43%to-35%-35%to-27%-27%to-19%-19%to-11%-11%to-9%-9%to-6%-6%to-4%-4%to-2%-2%to1%1%to3%3%to5%5%to8%8%to10%10%to19%19%to29%29%to38%38%to48%
2022714384324526931,0181,4202,6791,05673950028540174155
2021109251582154218211,4952,9591,4831,005556314424791710

Avgerage

-1%

-1387% from 2021

Typical

-4% to 1%

-2% to 2% in 2021

select any:
2022
2021
2020

Negotiated Discounts from Final List Price

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

-37%to-30%-30%to-24%-24%to-17%-17%to-10%-10%to-8%-8%to-6%-6%to-5%-5%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to7%7%to16%16%to25%25%to34%34%to43%
202269564223795067029561,2053,1551,01461034242456103
202149201351702895459651,2813,5301,44275639642745145
select any:
2022
2021
2020

Sold Homes by Month Closed

JanuaryFebruaryMarchAprilMayDecember
20226,6057,6049,9019,1439,8599,719
20216,1596,1479,6429,76310,0399,877
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20228,3278,67910,29010,0387,50110,588
20218,2697,64010,0929,7087,40910,532
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20228,5108,7809,5838,1722,6231,955
20218,2047,86510,3488,1442,1581,918
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$62k$84k$106k$128k$150k$172k$194k$217k$242k$267k$291k$316k$341k$365k$390k$415k$440k$464k$489k$514k$538k$563k$588k$841k$1.3M$1.8M$2.3M$2.8M$3.3M$3.7M
2022604145273127323023252229323035303136423640473246556483181192189
2021375062463829323129363536374338405256444652606269141163161244142491
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

$38.2$51.14$64.07$77.01$89.95$102.88$115.82$125.49$131.9$138.3$144.71$151.11$157.52$163.92$170.33$176.74$183.14$189.55$195.95$202.36$208.76$215.17$221.58$264.87$345.04$425.22$505.4$585.57$665.75$745.93
2022214841354833222622232025252832323233344746504656684142662139
2021291760762834332630292931343540434760576370837283887515416739375
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5616727848961,0071,1191,2301,3471,4701,5921,7141,8371,9592,0812,2042,3262,4492,5712,6932,8162,9383,0603,1833,6944,5955,4966,3977,2988,1999,100
2022555237453638333426292730293228353536363228313335494972113208196
202150656646433848413737424243364137433939464644465883110258261465183
select any:
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18691886190319211938195519721982198519881990199319951998200120032006200920112014201620192022
2022118424563433029212323182729322420191922212660
2021281298153665139383640293327382938394231314140111
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilMayDecember
2022444845383443
2021626466564762
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

5466287097918739541,0361,1441,2801,4151,5511,6861,8221,9572,0932,2282,3642,4992,6342,7702,9053,0413,1763,6944,5955,4966,3977,2988,1999,100
2022$271$196$195$196$223$197$196$205$188$193$182$176$170$181$173$172$171$178$167$171$176$182$177$191$221$238$228$376$446$432
2021$224$192$177$146$164$174$182$170$161$159$152$150$148$147$148$147$144$143$142$141$146$153$148$158$192$223$270$344$336$333

Available Units

9,370

Total Sold

1,863

Average

-1%

-397% from 2021

Typical Discount

-4% to 2%

-3% to 3% 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 May 1st to May 31st, 2022

Units Sold:

1,863

Average Sold Price:

$422,063

Average Sold Discount:

-1%

Average Price Reduction:

-2%

Average DOM:

63

Sold Listings

1,863

0% from 2021

Average

$422,063

13% from 2021

Typical

$300k to $476k

$252k to $404k 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$237k$237kto$291k$291kto$345k$345kto$400k$400kto$454k$454kto$508k$508kto$562k$562kto$616k$616kto$671k$671kto$725k$725kto$2.2M$2.2Mto$3.6M$3.6Mto$5.1M$5.1Mto$6.5M
202247335030640933020114610688543589311
20211123981835013412251591075443301569521

Average

$186

18% from 2021

Typical

$159 to $202

$132 to $167 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

$107to$114$114to$121$121to$128$128to$135$135to$148$148to$161$161to$174$174to$187$187to$200$200to$213$213to$226$226to$239$239to$253$253to$371$371to$489$489to$608$608to$726
20225620621642603432782261931046837671943
202168109128184372351219136764422161645144

Avg Days to Sell

63

-22% from 2021

Typical Days to Sell

7 to 90

9 to 112 in 2021

select any:
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

-1to2424to4949to7474to9999to123123to148148to173173to198198to223223to551551to880880to1,2081,208to1,537
20227853112001431128460522288411
2021702267203157134111744235131133

Avgerage

-2%

24% from 2021

Typical

-3% to 0%

-3% 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.)

-33%to-27%-27%to-22%-22%to-16%-16%to-11%-11%to-10%-10%to-8%-8%to-6%-6%to-5%-5%to-3%-3%to-2%-2%to0%0%to2%2%to3%3%to9%9%to14%14%to20%20%to25%
20221419694744767610317718390266781311
202148512349699411817319390463931951

Average

-1%

255% from 2021

Typical

-3% to 1%

-2% to 2% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-32%to-26%-26%to-21%-21%to-15%-15%to-9%-9%to-7%-7%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to3%3%to5%5%to7%7%to12%12%to17%17%to22%22%to27%
2022111576688211618823970313210145681753
202113135946639617923267421612660711692

Avgerage

1%

-18% 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

-14%to-11%-11%to-8%-8%to-5%-5%to-2%-2%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%7%to12%12%to17%17%to22%22%to27%
2022251473551021,01418312976563921721813
202179395910288926414612673453363114
select any:
2022
2021
2020

New Homes Sold Homes by Month Closed

JanuaryFebruaryMarchAprilMayDecember
20221,3201,7192,2111,7861,8632,092
20211,2241,3222,0231,9491,8722,169
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20221,6161,6881,7922,2982,7503,290
20211,7621,5561,8122,2942,6733,063
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20221,8951,9291,6771,1517781,030
20211,8721,7981,9691,302720986
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$139k$158k$176k$195k$213k$232k$250k$269k$288k$307k$326k$345k$364k$383k$402k$421k$440k$458k$477k$496k$515k$534k$553k$722k$1.0M$1.4M$1.7M$2.0M$2.3M
202220542650433935403353587652775972615678756976718311518050171231
2021102226118938358516368626165946479751141008090849511132310234523455
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

$113.97$118.7$123.43$128.17$132.9$137.63$142.36$147.05$151.71$156.36$161.01$165.66$170.31$174.97$179.62$184.27$188.92$193.57$198.23$202.88$207.53$212.18$216.83$259.65$340.63$421.61$502.59$583.57
2022101839244559475749626550595159534953717365657595142599436
2021643060456158666961736860716961746710266878298127190138276814114
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

7378509631,0761,1891,3021,4151,5181,6101,7021,7951,8871,9792,0722,1642,2562,3492,4412,5332,6262,7182,8102,9033,3784,2355,0925,9506,807
2022364847303951414860524949726561607973896372684675132455661
202110216116037545560757367105788895796378746467778899190177129184
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilMayDecember
2022727772716369
2021858698898185
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

7288259211,0181,1141,2111,3071,4051,5051,6041,7041,8041,9032,0032,1022,2022,3022,4012,5012,6002,7002,8002,8993,3784,2355,0925,9506,807
2022$574$217$164$209$166$201$187$194$191$184$195$178$186$173$182$176$180$174$187$167$166$180$182$194$237$268$362$612
2021$118$258$134$173$152$159$161$170$158$154$159$148$157$156$147$148$140$148$141$141$143$149$158$168$196$305$374$448

Available Units

9,370

Total Sold

1,863

Average

-1%

255% from 2021

Typical Discount

-3% to 1%

-2% to 2% in 2021

Available Units

9,370

Total Sold

1,863

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.