Greater Houston Real Estate

Quarterly Market Statistics - 2022 Q3

From July 1st to September 30th, 2022

Units Sold:

24,574

Average Sold Price:

$414,181

Average Sold Discount:

2%

Average Price Reduction:

1%

Average DOM:

33

Sold Listings

24,574

-18% from 2021

Average

$414,181

10% from 2021

Typical

$265k to $463k

$237k to $419k in 2021

select any:
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$2kto$42k$42kto$82k$82kto$122k$122kto$163k$163kto$240k$240kto$317k$317kto$394k$394kto$471k$471kto$548k$548kto$625k$625kto$702k$702kto$779k$779kto$856k$856kto$4.0M$4.0Mto$7.1M$7.1Mto$10.2M$10.2Mto$13.3M
202291453716993,0346,2184,9743,2571,7791,2357944663641,2091721
2021182405711,0545,7888,3245,3253,1221,6491,1367534463221,239163

Average

$178

10% from 2021

Typical

$141 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

$2to$29$29to$56$56to$83$83to$110$110to$130$130to$151$151to$172$172to$193$193to$214$214to$235$235to$256$256to$277$277to$297$297to$682$682to$1,067$1,067to$1,452$1,452to$1,837
20222482419352,6185,0325,4874,0232,3491,2196643952791,1923031
20215754683,3316,7827,5124,8312,3871,3707334803752941,292183

Avg Days to Sell

33

-1% from 2021

Typical Days to Sell

5 to 38

4 to 30 in 2021

select any:
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

-61to-40-40to-19-19to11to2222to4343to6464to8484to105105to126126to769769to1,4111,411to2,0542,054to2,696
2022211,31713,8033,8992,1161,1376743941,22272
20212,03718,7903,5321,8101,0536443981,6835072

Avgerage

1%

204% 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.)

-41%to-31%-31%to-21%-21%to-11%-11%to-1%-1%to0%0%to1%1%to2%2%to3%3%to5%5%to6%6%to7%7%to8%8%to10%10%to18%18%to27%27%to36%36%to44%
202289911,11729116,4649261,1421,0447705904643661,0321523111
202116442921,84239522,2858271,038845574479333239590971710

Average

2%

339% from 2021

Typical

-1% 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

-49%to-38%-38%to-28%-28%to-17%-17%to-6%-6%to-4%-4%to-2%-2%to1%1%to3%3%to5%5%to7%7%to10%10%to12%12%to14%14%to23%23%to32%32%to40%40%to49%
2022912651,1311,1902,3896,6293,6213,1092,0541,4381,0086139092386822
20219311512,5552,4304,0048,5473,9803,1161,8531,2427014176641495017

Avgerage

1%

754% 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

-49%to-38%-38%to-27%-27%to-16%-16%to-6%-6%to-4%-4%to-2%-2%to-1%-1%to1%1%to2%2%to4%4%to6%6%to7%7%to9%9%to19%19%to28%28%to38%38%to48%
202287541,1498071,3862,1908,1313,6552,7071,6279796441,0111693712
2021515812,4821,6452,3913,2069,2463,8452,7701,6529835699561172510
select any:
2022
2021
2020

Sold Homes by Month Closed

JulyAugustSeptember
20228,3438,4397,792
202110,38510,1819,440
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20221,7422,6834,2767,24011,28218,748
20211,8132,7244,4987,76512,07019,899
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20222856561,0541,3242,7599,711
20212716501,0881,5653,50711,558
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$63k$85k$107k$130k$152k$174k$196k$219k$242k$265k$288k$311k$334k$357k$380k$403k$426k$449k$472k$495k$518k$541k$564k$819k$1.3M$1.8M$2.3M$2.8M$3.3M$3.8M
202242344237302824252524283033323437343936383935344047539983135189
202142483735422823212023202631303133353833344136375179117128174278238
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

$40.37$53.13$65.9$78.67$91.43$104.2$116.97$126.3$132.2$138.1$143.99$149.89$155.79$161.69$167.59$173.49$179.39$185.28$191.18$197.08$202.98$208.88$214.78$272.55$382.18$491.82$601.46$711.1$820.74$930.38
202263355230343228242826292627313028333137354444444441651197439105
202163603234333025222121202024222629353840364353566478576371161395
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5586707838951,0071,1201,2321,3481,4671,5871,7061,8261,9452,0652,1842,3042,4232,5432,6622,7822,9013,0213,1403,6854,6545,6236,5937,5628,5319,500
202234393243333430262628323333343132333835373335313240589514638131
202169465438483732312628282627273032303134323431313747100130172328336
select any:
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18851900191519301945196019751983198619881991199419961999200120042006200920112014201720192022
20222743643851372724252121232524242327252324232558
20213657486348463127272225232424322625292622242679
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

JulyAugustSeptember
2022283240
2021333335
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

5446277117948779611,0441,1521,2841,4161,5481,6811,8131,9452,0772,2092,3412,4732,6052,7382,8703,0023,1343,6854,6545,6236,5937,5628,5319,500
2022$312$239$194$214$193$182$189$188$185$184$176$172$171$171$170$170$168$166$165$163$166$173$173$180$212$258$306$498$266$354
2021$241$199$178$200$184$181$170$165$170$160$156$154$150$153$148$149$149$147$145$142$147$154$150$157$194$238$262$296$343$309

Available Units

9,463

Total Sold

4,895

Average

2%

339% from 2021

Typical Discount

-1% 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 July 1st to September 30th, 2022

Units Sold:

4,895

Average Sold Price:

$425,779

Average Sold Discount:

2%

Average Price Reduction:

1%

Average DOM:

60

Sold Listings

4,895

14% from 2021

Average

$425,779

6% from 2021

Typical

$304k to $465k

$274k to $425k in 2021

select any:
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$88kto$126k$126kto$165k$165kto$203k$203kto$242k$242kto$296k$296kto$350k$350kto$404k$404kto$458k$458kto$512k$512kto$566k$566kto$620k$620kto$674k$674kto$728k$728kto$1.9M$1.9Mto$3.1M$3.1Mto$4.3M$4.3Mto$5.5M
2022111401937911,0159605903712671631471012191943
2021226893991,01493560937823916612294401532462

Average

$188

-5% from 2021

Typical

$161 to $203

$140 to $180 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$115$115to$126$126to$138$138to$151$151to$164$164to$177$177to$190$190to$203$203to$216$216to$229$229to$242$242to$255$255to$375$375to$495$495to$615$615to$735
202237441904826548247776694612901548417551137
20213914326948479475558742028216386472812633132

Avg Days to Sell

60

-9% from 2021

Typical Days to Sell

10 to 83

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

-61to-32-32to-2-2to2727to5757to8686to116116to145145to175175to204204to372372to540540to708708to876
2022112,1489696083802451761212231742
20211,9986855593092121648721339199

Avgerage

1%

-149% from 2021

Typical

0% to 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.)

-40%to-32%-32%to-24%-24%to-15%-15%to-7%-7%to-5%-5%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to7%7%to9%9%to11%11%to16%16%to22%22%to28%28%to34%
202232192211272163542,4413103402622101362053451
20214201044141883064352,3431381108764402961

Average

2%

-409% from 2021

Typical

0% to 6%

-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-33%-33%to-24%-24%to-15%-15%to-6%-6%to-4%-4%to-2%-2%to0%0%to3%3%to5%5%to7%7%to9%9%to11%11%to14%14%to19%19%to24%24%to29%29%to34%
202242142251693121,57766353040932424616517455142
2021212704542474601,73054231418613969282674

Avgerage

2%

58% 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

-42%to-32%-32%to-22%-22%to-12%-12%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%7%to8%8%to14%14%to20%20%to26%26%to32%
202223162242262,2645444493202301651149319725203
20211242832232,22544833223415510475641072132
select any:
2022
2021
2020

New Homes Sold Homes by Month Closed

JulyAugustSeptember
20221,5061,6331,756
20211,4351,4691,397
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20229291,2062,0412,9723,6043,616
20219061,2042,0843,0773,4383,495
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20222344326858991,3552,226
20212144177101,0791,4452,154
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$105k$155k$181k$206k$231k$257k$278k$296k$314k$332k$350k$368k$386k$404k$422k$441k$459k$477k$495k$513k$531k$549k$803k$1.3M$1.8M$2.3M$2.8M$3.3M$3.7M
202282344235433542535360516464666557736668645764729910424912016488
202153637765330504239525154585956678481657373707097252181166202403
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

$115.17$120.08$124.98$129.89$134.79$139.69$144.6$149.35$153.96$158.57$163.18$167.79$172.4$177.01$181.62$186.23$190.84$195.45$200.06$204.67$209.27$213.88$218.49$260.83$340.89$420.96$501.02$581.09$741.22
20225442527147605756565462475156525261575874636764679091167260367
2021100719392730524549475149495956615960547287818411117716514851804
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

7308469621,0791,1951,3111,4271,5281,6151,7011,7881,8741,9612,0472,1332,2202,3062,3932,4792,5662,6522,7392,8253,2303,9534,6765,3996,1226,8457,568
20228233432746374043585550546360665373658266765368677094149161395216
20211065133404161594954604871555465636976697461747976100246229607207258
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

JulyAugustSeptember
2022546164
2021656965
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

7208159101,0051,1001,1951,2901,3851,4811,5761,6721,7681,8631,9592,0552,1512,2462,3422,4382,5332,6292,7252,8213,2303,9534,6765,3996,1226,8457,568
2022$131$291$222$201$199$199$192$198$198$193$188$188$183$187$174$180$183$181$183$179$163$167$172$195$220$298$382$382$600$735
2021$240$252$178$168$160$176$179$178$172$171$165$159$175$156$158$155$156$159$157$150$146$148$165$173$206$328$405$593$380$677

Available Units

9,463

Total Sold

4,895

Average

2%

-409% from 2021

Typical Discount

0% to 6%

-3% to 1% in 2021

Available Units

9,463

Total Sold

4,895

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.