Greater Houston Real Estate

August 2022 Houston Market Conditions

From August 1st to August 31st, 2022

Units Sold:

8,439

Average Sold Price:

$408,069

Average Sold Discount:

3%

Average Price Reduction:

1%

Average DOM:

32

Sold Listings

8,439

-17% from 2021

Average

$408,069

8% from 2021

Typical

$260k to $460k

$238k to $420k in 2021

select any:
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$2kto$40k$40kto$79k$79kto$118k$118kto$157k$157kto$233k$233kto$310k$310kto$386k$386kto$463k$463kto$539k$539kto$616k$616kto$692k$692kto$769k$769kto$845k$845kto$2.9M$2.9Mto$4.9M$4.9Mto$6.9M$6.9Mto$8.9M
20224461272439612,0821,7471,1396434233031771214071321
20211791613441,7902,7551,9651,0935933883021621174161041

Average

$177

13% from 2021

Typical

$140 to $192

$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

$2to$29$29to$56$56to$82$82to$109$109to$129$129to$150$150to$170$170to$191$191to$211$211to$231$231to$252$252to$272$272to$292$292to$560$560to$828$828to$1,096$1,096to$1,364
2022116873188551,6381,8821,446816454236161903863123
2021211721,0652,2132,5231,699877464253177145105430193

Avg Days to Sell

32

-3% from 2021

Typical Days to Sell

6 to 37

4 to 29 in 2021

select any:
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

-61to-40-40to-20-20to11to2121to4242to6262to8383to103103to124124to365365to607607to848848to1,089
202222834,8571,4347143562251404091342
20214936,5331,235618358211115531531312

Avgerage

1%

233% from 2021

Typical

0% to 2%

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.)

-35%to-26%-26%to-18%-18%to-10%-10%to-1%-1%to0%0%to1%1%to2%2%to4%4%to5%5%to6%6%to7%7%to8%8%to10%10%to17%17%to25%25%to33%33%to41%
20222546368845,64032340937824220516413034365112
202111201465841207,5682773542791811621147919831112

Average

3%

364% from 2021

Typical

0% to 5%

-3% to 3% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-45%to-35%-35%to-25%-25%to-16%-16%to-6%-6%to-4%-4%to-1%-1%to1%1%to3%3%to5%5%to8%8%to10%10%to12%12%to14%14%to23%23%to31%31%to39%39%to47%
202236193934708712,2841,3011,005667446329200300931810
2021415561,0399111,4532,7291,36897556937723112420164185

Avgerage

1%

720% from 2021

Typical

0% to 3%

-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

-45%to-35%-35%to-25%-25%to-15%-15%to-5%-5%to-4%-4%to-2%-2%to0%0%to1%1%to3%3%to4%4%to6%6%to7%7%to9%9%to19%19%to28%28%to38%38%to48%
202234154003365147292,9331,23184449430321134560125
202116381,0046109329673,1601,24485448730419332541112
select any:
2022
2021
2020

Sold Homes by Month Closed

MarchAprilMayJuneJulyAugust
20229,9019,1439,8599,9418,3438,439
20219,6429,76310,03910,92210,38510,181
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20225,7469,11011,89613,68014,53717,067
20216,9238,26311,99714,57715,17118,172
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20222,7008,11810,2419,97410,1069,721
20213,6567,50111,10211,00610,81011,348
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$63k$85k$106k$128k$150k$171k$193k$215k$239k$262k$285k$308k$331k$355k$378k$401k$424k$447k$471k$494k$517k$540k$563k$819k$1.3M$1.8M$2.3M$2.8M$3.3M$3.8M
20224026363637252626242326293332333934374133393139354545180133128187
202140465129443024192022202532283427323833333135414971163170178343101
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

$44.82$56.77$68.73$80.68$92.64$104.59$116.54$125.47$131.38$137.28$143.18$149.09$154.99$160.89$166.8$172.7$178.6$184.51$190.41$196.31$202.22$208.12$214.02$271.85$381.59$491.34$601.09$710.83$820.58
2022355648182930292525262826272927303331354241424143426111911562
2021422149322831192522212024232124263134423443414662906548152230
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5606697798899981,1081,2171,3321,4521,5721,6921,8121,9322,0522,1722,2912,4112,5312,6512,7712,8913,0113,1313,6494,5645,4796,3957,3108,2259,140
20222930243038372827262933303333343331453235313527303551771077521
202182415744404230302827262726272832313330343027293439121119322313176
select any:
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18901904191819321946196019741982198519881990199319951998200120032006200920112014201620192022
20226249253848412725261521232124202423242024202659
202148204911643452724292027222127312923232520232988
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

MarchAprilMayJuneJulyAugust
2022453834322832
2021665647383333
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

5456267067878679471,0281,1341,2671,4001,5321,6651,7981,9302,0632,1962,3292,4612,5942,7272,8592,9923,1253,6494,5645,4796,3957,3108,2259,140
2022$266$233$181$247$189$179$176$184$181$186$176$172$171$172$170$170$170$166$167$163$163$171$171$177$213$242$253$310$408$383
2021$241$192$184$197$172$172$175$163$170$159$156$152$149$157$150$148$153$146$147$142$145$152$149$156$191$224$240$296$273$348

Available Units

9,374

Total Sold

1,633

Average

3%

364% from 2021

Typical Discount

0% to 5%

-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 August 1st to August 31st, 2022

Units Sold:

1,633

Average Sold Price:

$427,068

Average Sold Discount:

3%

Average Price Reduction:

1%

Average DOM:

61

Sold Listings

1,633

11% from 2021

Average

$427,068

5% from 2021

Typical

$305k to $467k

$275k to $425k in 2021

select any:
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$88kto$126k$126kto$164k$164kto$202k$202kto$240k$240kto$293k$293kto$345k$345kto$398k$398kto$450k$450kto$503k$503kto$555k$555kto$608k$608kto$661k$661kto$713k$713kto$1.5M$1.5Mto$2.4M$2.4Mto$3.2M$3.2Mto$4.0M
202211166223932130124012985705234651214
202116171133773201801558159394320311644

Average

$190

14% from 2021

Typical

$162 to $204

$139 to $178 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$110$110to$120$120to$129$129to$138$138to$151$151to$164$164to$177$177to$190$190to$203$203to$216$216to$229$229to$242$242to$255$255to$374$374to$494$494to$614$614to$734
20224413611512102842582241481025434571474
2021187289151267280195136765322171542117

Avg Days to Sell

61

-10% from 2021

Typical Days to Sell

11 to 86

4 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

-61to-32-32to-3-3to2525to5454to8383to112112to141141to170170to198198to368368to537537to707707to876
2022167631821713095694575412
2021670236183105716332811364

Avgerage

1%

-142% from 2021

Typical

0% to 3%

-2% to 3% 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.)

-26%to-22%-22%to-17%-17%to-12%-12%to-7%-7%to-5%-5%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to14%14%to17%17%to20%20%to24%
2022131464427210781589121987150442666
2021524511074889136831394226222393

Average

3%

-376% from 2021

Typical

0% to 6%

-2% to 1% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-27%to-22%-22%to-17%-17%to-11%-11%to-6%-6%to-4%-4%to-2%-2%to1%1%to3%3%to5%5%to7%7%to9%9%to12%12%to14%14%to16%16%to19%19%to21%21%to24%
202212156458130501228177138102745736221014
20211164712110014560917711246501789

Avgerage

2%

68% from 2021

Typical

0% to 3%

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

-22%to-17%-17%to-12%-12%to-6%-6%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%7%to8%8%to13%13%to17%17%to21%21%to26%
2022149689974119713910465513736571249
202137139288774146978346232722321312
select any:
2022
2021
2020

New Homes Sold Homes by Month Closed

MarchAprilMayJuneJulyAugust
20222,2111,7861,8631,9881,5061,633
20212,0231,9491,8721,6831,4351,469
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20221,9192,1232,5922,9943,3073,338
20212,0822,0092,6123,0773,1183,185
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20221,3102,0792,2421,8981,8221,906
20211,2331,8982,5382,2541,7851,765
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$105k$156k$181k$206k$232k$257k$279k$297k$315k$333k$351k$369k$387k$405k$423k$441k$459k$477k$495k$513k$531k$549k$804k$1.3M$1.8M$2.3M$3.3M$3.7M
202282254749463249505666527063698064526373545359671089537916488
2021728141717414241324149635054654984114765779824248102231242169354404
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

$115.45$120.37$125.29$130.21$135.13$140.05$144.97$149.8$154.54$159.28$164.02$168.76$173.5$178.24$182.98$187.72$192.46$197.2$201.94$206.68$211.42$216.16$220.9$263.13$342.84$422.55$502.26$581.97$741.39
202279261610843876650596050525354494962725979615663666385249395367
2021742722356055605057464653496162655667626289124145262104
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

7288419541,0671,1791,2921,4051,5051,5921,6791,7661,8531,9402,0272,1142,2012,2882,3752,4622,5492,6362,7232,8103,1483,7394,3294,9205,5106,100
20228246382051405038477351555561727375747280623870635511339200267
2021361599455265714858476069495354637078898365816666103173341624469
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

MarchAprilMayJuneJulyAugust
2022727163645461
2021988981786569
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

7188099009921,0831,1741,2651,3591,4561,5521,6481,7451,8411,9372,0342,1302,2272,3232,4192,5162,6122,7082,8053,1483,7394,3294,9205,5106,100
2022$131$731$179$191$193$210$192$195$195$196$190$192$186$185$185$181$182$198$190$182$161$164$160$194$208$256$321$454$387
2021$231$234$194$194$184$185$186$176$170$166$164$160$166$157$154$153$153$158$160$153$142$146$156$172$202$318$374$547$497

Available Units

9,373

Total Sold

1,633

Average

3%

-376% from 2021

Typical Discount

0% to 6%

-2% to 1% in 2021

Available Units

9,373

Total Sold

1,633

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.