Greater Houston Real Estate

July 2022 Houston Market Conditions

From July 1st to July 31st, 2022

Units Sold:

8,343

Average Sold Price:

$422,400

Average Sold Discount:

1%

Average Price Reduction:

1%

Average DOM:

28

Sold Listings

8,343

-20% from 2021

Average

$422,400

10% from 2021

Typical

$270k to $470k

$239k to $425k in 2021

select any:
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$39kto$72k$72kto$105k$105kto$137k$137kto$170k$170kto$248k$248kto$327k$327kto$405k$405kto$483k$483kto$562k$562kto$640k$640kto$718k$718kto$797k$797kto$875k$875kto$4.0M$4.0Mto$7.1M$7.1Mto$10.2M$10.2Mto$13.3M
202225591341961,1182,1601,6671,01964438126214311641261
2021421342253032,2672,7531,7441,0205643712351749145431

Average

$179

5% from 2021

Typical

$142 to $194

$122 to $169 in 2021

select any:
2022
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$41to$58$58to$76$76to$94$94to$112$112to$134$134to$155$155to$176$176to$198$198to$219$219to$241$241to$262$262to$284$284to$305$305to$688$688to$1,071$1,071to$1,454$1,454to$1,837
202211421142499701,8341,8981,2807473501851418341061
202128863301,1172,5422,5931,4787104172371571201064374

Avg Days to Sell

28

-15% from 2021

Typical Days to Sell

5 to 27

4 to 26 in 2021

select any:
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

-22to-7-7to88to2323to3838to5454to6969to8484to9999to114114to760760to1,4051,405to2,0512,051to2,696
202223,8482,14884444326415212110041731
20215,4112,200780468302216164107721142

Avgerage

1%

333% 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.)

-36%to-29%-29%to-23%-23%to-16%-16%to-9%-9%to-7%-7%to-4%-4%to-1%-1%to1%1%to4%4%to7%7%to10%10%to12%12%to15%15%to22%22%to30%30%to37%37%to44%
2022221070731342326,29067139318212151601584
202149461431082253638,1416213501728044331173

Average

1%

-647% from 2021

Typical

-2% to 4%

-3% to 3% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-49%to-39%-39%to-28%-28%to-18%-18%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to1%1%to3%3%to5%5%to7%7%to10%10%to12%12%to21%21%to30%30%to39%39%to49%
202263283793546411,0752,3491,109831556334232329651513
202149456666001,0461,5212,7991,27692155434719630253145

Avgerage

0%

-156% from 2021

Typical

-2% to 2%

-3% 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

-49%to-38%-38%to-28%-28%to-18%-18%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to-1%-1%to1%1%to3%3%to4%4%to6%6%to8%8%to17%17%to27%27%to36%36%to46%
202252233862474106569272,7581,06975443225636736114
202145255984327049291,1853,1561,2698355342484104253
select any:
2022
2021
2020

Sold Homes by Month Closed

FebruaryMarchAprilMayJuneJuly
20227,6049,9019,1439,8599,9418,343
20216,1479,6429,76310,03910,92210,385
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20228,4719,30311,58913,27213,70514,559
20218,6448,31111,65113,99914,22415,174
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20227,5949,05310,1319,8499,8438,681
20217,4898,10910,97910,77710,4709,678
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$819k$1.3M$1.8M$2.3M$2.8M$3.3M
20225046563125302121221922252925292727292538322623334448388174
20214855334639262023211825283031263634333036453433507173123129164217
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

$52.13$63.22$74.31$85.4$96.49$107.58$118.67$127.11$132.9$138.7$144.49$150.29$156.09$161.88$167.68$173.47$179.27$185.06$190.86$196.65$202.45$208.24$214.04$270.44$377.44$484.44$591.44$698.44$805.44
202211176402931272219222323212226252030222829363541383849176193
20216356434029312521201921192621263239434130426253587253523121
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5606757909051,0201,1351,2501,3671,4871,6061,7261,8461,9652,0852,2052,3242,4442,5642,6832,8032,9233,0423,1623,7054,6715,6376,6037,5708,5369,502
20224254376130302424202628262927242425302929273125223459801146266
2021575662374240342924292726272630272938293238253036467289204206193
select any:
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18851900191519301944195919741982198519871990199319951998200020032005200820102013201620182021
2022728963155332420281414122121201819201517151969
20214756726339473132222427272520302423262722202182
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

FebruaryMarchAprilMayJuneJuly
2022484538343228
2021646656473833
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

5446287127958799631,0471,1551,2891,4221,5551,6891,8221,9552,0892,2222,3552,4892,6222,7552,8883,0223,1553,7054,6715,6376,6037,5708,5369,502
2022$270$243$199$208$196$191$202$192$184$187$175$174$172$174$170$171$167$166$164$166$167$174$176$180$212$277$341$698$254$398
2021$242$200$177$185$185$188$172$165$167$164$158$151$151$152$148$147$145$147$143$145$145$150$148$160$195$253$264$328$274$222

Available Units

9,373

Total Sold

1,506

Average

1%

-647% from 2021

Typical Discount

-2% to 4%

-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 July 1st to July 31st, 2022

Units Sold:

1,506

Average Sold Price:

$418,382

Average Sold Discount:

1%

Average Price Reduction:

0%

Average DOM:

54

Sold Listings

1,506

5% from 2021

Average

$418,382

6% from 2021

Typical

$303k to $465k

$268k to $424k in 2021

select any:
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$148kto$172k$172kto$197k$197kto$221k$221kto$246k$246kto$294k$294kto$342k$342kto$391k$391kto$439k$439kto$487k$487kto$535k$535kto$584k$584kto$632k$632kto$680k$680kto$1.8M$1.8Mto$3.0M$3.0Mto$4.2M$4.2Mto$5.3M
2022591448235301284161125947749286682
202111216713628128118312783605534176471

Average

$187

-28% from 2021

Typical

$160 to $203

$138 to $179 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

$113to$119$119to$125$125to$131$131to$138$138to$150$150to$163$163to$176$176to$189$189to$201$201to$214$214to$227$227to$239$239to$252$252to$373$373to$493$493to$614$614to$735
2022391252153205243228196151886423571612
202134518910927523517914089502818447103

Avg Days to Sell

54

-17% from 2021

Typical Days to Sell

7 to 72

7 to 86 in 2021

select any:
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

-9to1515to3838to6262to8686to109109to133133to156156to180180to204204to303303to402402to501501to600
20225503391881158155413526571423
20214972531661608464524321552195

Avgerage

0%

-81% from 2021

Typical

-1% to 0%

-4% 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.)

-21%to-18%-18%to-15%-15%to-12%-12%to-9%-9%to-7%-7%to-5%-5%to-4%-4%to-2%-2%to0%0%to1%1%to3%3%to4%4%to6%6%to11%11%to16%16%to20%20%to25%
202244214733437679120799737752541831
2021132946673973901271266972927172943

Average

1%

-135% from 2021

Typical

-1% to 3%

-3% to 1% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-42%to-34%-34%to-25%-25%to-17%-17%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to3%3%to5%5%to7%7%to9%9%to13%13%to17%17%to21%21%to25%
202225694377981685671621067853501871
2021325125677915917651810177393021831

Avgerage

1%

-7% 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

-42%to-32%-32%to-22%-22%to-12%-12%to-2%-2%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to4%4%to5%5%to6%6%to10%10%to14%14%to17%17%to21%
2022227654570415713710182543836521932
20213684569713813310164444626521323
select any:
2022
2021
2020

New Homes Sold Homes by Month Closed

FebruaryMarchAprilMayJuneJuly
20221,7192,2111,7861,8631,9881,506
20211,3222,0231,9491,8721,6831,435
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20221,9572,0462,3742,7673,0243,202
20212,1111,9372,3902,7682,8773,038
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20221,9222,1852,1371,7891,6171,631
20211,8132,0102,4212,0461,5431,474
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$158k$175k$192k$209k$225k$242k$259k$276k$293k$310k$327k$344k$361k$378k$395k$412k$429k$446k$463k$480k$497k$514k$531k$709k$1.0M$1.4M$1.7M$2.1M$2.4M
202225367504324243750455452476463574551625658674568911257320750
20215182061285047333962505374605362866767706811370901451522665871281
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

$115.09$119.84$124.58$129.32$134.07$138.81$143.56$148.22$152.81$157.39$161.98$166.56$171.15$175.73$180.32$184.91$189.49$194.08$198.66$203.25$207.83$212.42$217$240.47$282.81$325.16$367.5$409.85$452.19
20228843542464735495346624843435942504749625954756061141116128111
20211501846222429543947554552556368636964457090916796190116251
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

8429431,0441,1451,2451,3461,4471,5391,6231,7061,7901,8741,9572,0412,1252,2082,2922,3762,4592,5432,6272,7102,7943,1533,7874,4215,0565,6906,3246,958
202223227403632363553544443605251536163678643457963449731600200512
202110698224377395348576641765350767859836961607088728480252224
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

FebruaryMarchAprilMayJuneJuly
2022777271636454
2021869889817865
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

8339961,0771,1591,2401,3221,4081,5001,5931,6851,7771,8691,9612,0532,1452,2372,3292,4222,5142,6062,6982,7903,1533,7874,4215,0565,6906,3246,958
2022$186$173$216$181$193$196$199$194$191$189$188$187$192$173$183$186$170$180$179$166$179$165$187$194$289$415$347$462$628
2021$240$228$171$162$156$170$167$178$170$174$159$154$179$156$163$149$157$157$152$148$143$165$171$167$162$241$288$380

Available Units

9,373

Total Sold

1,506

Average

1%

-135% from 2021

Typical Discount

-1% to 3%

-3% to 1% in 2021

Available Units

9,373

Total Sold

1,506

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.