Greater Houston Real Estate

September 2022 Houston Market Conditions

From September 1st to September 30th, 2022

Units Sold:

7,792

Average Sold Price:

$412,000

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

40

Sold Listings

7,792

-17% from 2021

Average

$412,000

11% from 2021

Typical

$261k to $457k

$235k to $407k in 2021

select any:
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$30kto$63k$63kto$95k$95kto$128k$128kto$160k$160kto$237k$237kto$313k$313kto$390k$390kto$467k$467kto$543k$543kto$620k$620kto$697k$697kto$773k$773kto$850k$850kto$2.5M$2.5Mto$4.0M$4.0Mto$5.7M$5.7Mto$7.3M
202219631171789981,9431,5651,0705663482551631083682542
202129971642731,8602,6441,7399315393192231361033522451

Average

$176

12% from 2021

Typical

$139 to $193

$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

$22to$43$43to$65$65to$86$86to$107$107to$128$128to$150$150to$171$171to$192$192to$213$213to$234$234to$255$255to$276$276to$297$297to$482$482to$667$667to$852$852to$1,037
2022530892658001,6001,6811,313766407212136823275066
202116421578442,0412,3981,64580946626013711087351458

Avg Days to Sell

40

14% from 2021

Typical Days to Sell

7 to 51

5 to 35 in 2021

select any:
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

-7to99to2525to4141to5757to7474to9090to106106to122122to138138to753753to1,3681,368to1,9821,982to2,597
20222,3951,8201,1797365123352081308538921
20214,2712,1291,047591370230178102914121522

Avgerage

2%

156% from 2021

Typical

0% to 3%

0% 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.)

-41%to-31%-31%to-21%-21%to-11%-11%to-1%-1%to1%1%to2%2%to3%3%to4%4%to6%6%to7%7%to8%8%to10%10%to11%11%to19%19%to26%26%to34%34%to42%
202254153654,67128743541636328522416315131258136
2021414715856,75624043831626920114392711763654

Average

4%

193% from 2021

Typical

0% to 7%

to 4% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-42%to-32%-32%to-23%-23%to-14%-14%to-4%-4%to-2%-2%to0%0%to3%3%to5%5%to7%7%to9%9%to12%12%to14%14%to16%16%to24%24%to32%32%to40%40%to48%
202246193604651,9081,1781,10382760044529317227583267
2021317741,1381,0962,7161,3011,07570845729418012816041199

Avgerage

2%

236% from 2021

Typical

0% to 4%

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

-42%to-32%-32%to-23%-23%to-13%-13%to-4%-4%to-2%-2%to-1%-1%to1%1%to2%2%to4%4%to5%5%to7%7%to8%8%to10%10%to18%18%to27%27%to35%35%to43%
202224183643175062,5821,24199359536425615929365266
202127551,1056769182,9781,26791651937020114222037164
select any:
2022
2021
2020

Sold Homes by Month Closed

MarchAprilMayJuneJulyAugustSeptember
20229199,1439,8599,9418,3438,4397,792
20218009,76310,03910,92210,38510,1819,440
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20223,4986,01011,60013,95315,03918,055
20214,2446,18211,86614,91015,70519,195
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20221,0032,8189,08810,05410,2439,920
20219723,00810,17411,14910,95711,618
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$65k$87k$110k$132k$154k$176k$199k$221k$244k$266k$289k$311k$334k$356k$379k$401k$424k$446k$469k$491k$514k$536k$559k$801k$1.3M$1.7M$2.2M$2.6M$3.1M$3.6M
202242422740312728253130363838404143424947444746485349588666110306
20213736383437292023202720222934333634413837403737549513188227372141
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

$40.34$53.06$65.77$78.49$91.2$103.92$116.63$125.98$131.96$137.94$143.91$149.89$155.87$161.85$167.83$173.81$179.79$185.76$191.74$197.72$203.7$209.68$215.66$272.56$380.4$488.23$596.06$703.9$811.73$919.57
2022120293334373634313630363234373637384147385555475343875223533
202160922372727312221242019202527293337393947616472725187433518
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5676777868961,0061,1161,2251,3401,4591,5791,6981,8171,9362,0562,1752,2942,4142,5332,6522,7722,8913,0103,1293,6654,6165,5676,5187,4698,4209,371
202238283338343535303531364238413539434346454538404452601121912490
202154404134494525332828302729323031343037323639394048104125137302130
select any:
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18951908192219351948196219751983198619881991199419961999200120042006200920112014201720192022
20222434514748383129243234302931303039323434323363
20212340485145453428292317202225312832322624253165
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

MarchAprilMayJuneJulyAugustSeptember
202250383432283240
202167564738333335
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

5546377218048889711,0551,1621,2931,4231,5541,6851,8161,9472,0772,2082,3392,4702,6012,7312,8622,9933,1243,6654,6165,5676,5187,4698,4209,371
2022$396$220$198$189$188$192$189$185$183$182$176$171$168$169$169$169$168$163$164$162$167$175$170$182$210$252$309$391$399$408
2021$236$191$182$209$200$181$165$166$176$158$155$155$153$151$148$149$150$144$144$146$145$153$157$156$185$233$240$271$383$490

Available Units

9,375

Total Sold

1,756

Average

4%

193% from 2021

Typical Discount

0% to 7%

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 September 1st to September 30th, 2022

Units Sold:

1,756

Average Sold Price:

$430,923

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

64

Sold Listings

1,756

26% from 2021

Average

$430,923

7% from 2021

Typical

$302k to $465k

$278k to $425k in 2021

select any:
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$145kto$169k$169kto$192k$192kto$216k$216kto$240k$240kto$298k$298kto$356k$356kto$414k$414kto$472k$472kto$530k$530kto$588k$588kto$646k$646kto$704k$704kto$763k$763kto$1.9M$1.9Mto$3.1M$3.1Mto$4.3M$4.3Mto$5.5M
2022742053311415308218110774754448071
2021111330923363441931246758352195191

Average

$188

11% from 2021

Typical

$161 to $202

$143 to $184 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

$92to$103$103to$114$114to$126$126to$137$137to$150$150to$163$163to$176$176to$189$189to$203$203to$216$216to$229$229to$242$242to$255$255to$365$365to$474$474to$584$584to$694
20222118671622313012972481581024929602161
20211237691362332472161441206134159381041

Avg Days to Sell

64

-1% from 2021

Typical Days to Sell

13 to 88

6 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

to2323to4646to6969to9292to115115to138138to161161to184184to207207to294294to381381to468468to555
202261033523317410570624930631861
20216012161491168457462718432073

Avgerage

2%

-299% from 2021

Typical

0% to 5%

to 5% 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.)

-40%to-31%-31%to-22%-22%to-13%-13%to-5%-5%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to6%6%to8%8%to10%10%to12%12%to17%17%to23%23%to28%28%to34%
20223148059130778122112117101847471161
2021163316293123775643741201910631

Average

4%

-6967% from 2021

Typical

0% to 8%

to 2% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-38%to-29%-29%to-21%-21%to-12%-12%to-4%-4%to-1%-1%to1%1%to3%3%to5%5%to7%7%to9%9%to11%11%to13%13%to15%15%to20%20%to24%24%to29%29%to34%
202223578914782131951611451349069591982
2021110291961275581711018352351110523

Avgerage

2%

103% 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

-24%to-19%-19%to-13%-13%to-7%-7%to-1%-1%to0%0%to1%1%to2%2%to3%3%to5%5%to6%6%to7%7%to8%8%to9%9%to15%15%to20%20%to26%26%to32%
20222210749778421415612590524022651292
202116179411070615310954483029122142
select any:
2022
2021
2020

New Homes Sold Homes by Month Closed

MarchAprilMayJuneJulyAugustSeptember
20222921,7861,8631,9881,5061,6331,756
20211861,9491,8721,6831,4351,4691,397
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20221,7372,0232,6913,1813,5623,557
20211,8571,9392,7373,2903,3563,378
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20228391,4342,1481,9711,9462,057
20216721,2512,4292,3851,9191,945
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$154k$172k$190k$207k$225k$243k$261k$279k$298k$317k$336k$355k$374k$393k$412k$430k$449k$468k$487k$506k$525k$544k$563k$731k$1.0M$1.4M$1.7M$2.0M$2.3M$2.6M
2022422755184446493862585755597371617971847481824877928361122205114
20211720152739605252325042555554635676807960716790832393492049835126
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

$115.98$120.85$125.72$130.6$135.47$140.34$145.21$149.91$154.43$158.96$163.48$168$172.53$177.05$181.57$186.1$190.62$195.14$199.66$204.19$208.71$213.23$217.76$244.94$294.79$344.64$394.49$444.34$494.18$544.03
20225157737349636157696156505067506178585675718264691046170101118107
202115127314129303636395454474655535158628288969710624181156553
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

9039921,0821,1721,2611,3511,4401,5301,6211,7111,8021,8931,9832,0742,1642,2552,3452,4362,5272,6172,7082,7982,8893,2914,0054,7185,4326,146
20223257303846443851615556597168635563807978855669738310364109
202125384284262705757604459596457588265675262511048696323120
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

MarchAprilMayJuneJulyAugustSeptember
202278716364546164
202197898178656965
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

8929601,0281,0961,1641,2321,3001,3841,4841,5841,6841,7841,8841,9842,0842,1842,2842,3842,4842,5842,6842,7842,8843,2914,0054,7185,4326,146
2022$180$243$219$202$194$204$185$202$193$196$186$184$180$179$171$177$177$182$179$173$168$173$183$201$229$291$364$243
2021$169$156$151$158$181$187$178$180$172$169$172$164$173$160$156$164$164$165$169$143$148$144$182$180$205$356$260$341$844

Available Units

9,374

Total Sold

1,756

Average

4%

-6967% from 2021

Typical Discount

0% to 8%

to 2% in 2021

Available Units

9,374

Total Sold

1,756

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.