Greater Houston Real Estate

Quarterly Market Statistics - 2022 Q4

From October 1st to December 30th, 2022

Units Sold:

19,097

Average Sold Price:

$403,668

Average Sold Discount:

6%

Average Price Reduction:

3%

Average DOM:

54

Sold Listings

19,097

-29% from 2021

Average

$403,668

5% from 2021

Typical

$257k to $450k

$243k to $420k in 2021

select any:
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$30kto$62k$62kto$94k$94kto$126k$126kto$158k$158kto$232k$232kto$306k$306kto$380k$380kto$454k$454kto$529k$529kto$603k$603kto$677k$677kto$751k$751kto$825k$825kto$5.9M$5.9Mto$10.9M$10.9Mto$16.0M$16.0Mto$21.0M
2022401612944592,2934,9123,8682,4391,444944597451233952811
2021772324746994,1357,2825,2712,9791,6591,1297634703051,2363

Average

$174

7% from 2021

Typical

$138 to $189

$126 to $176 in 2021

select any:
2022
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$29to$48$48to$67$67to$86$86to$104$104to$125$125to$146$146to$166$166to$187$187to$208$208to$229$229to$249$249to$270$270to$291$291to$817$817to$1,343$1,343to$1,869$1,869to$2,395
202218952276131,8233,5254,3713,4301,9071,03654232719394571
2021411554011,4184,4486,3245,3583,3481,7429235293662991,30261

Avg Days to Sell

54

33% from 2021

Typical Days to Sell

10 to 75

5 to 49 in 2021

select any:
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

-24to-2-2to2020to4242to6464to8585to107107to129129to151151to173173to632632to1,0901,090to1,5491,549to2,007
202227,2743,6872,4141,7001,2238655843849491221
2021514,8394,2722,3941,6081,1057064663279414194

Avgerage

3%

182% from 2021

Typical

0% to 5%

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.)

-42%to-32%-32%to-21%-21%to-11%-11%to0%0%to2%2%to3%3%to5%5%to6%6%to8%8%to10%10%to11%11%to13%13%to14%14%to22%22%to29%29%to36%36%to43%
20224123158210,4521,3331,4241,1128948195954583837831302911
20217211381,53218,9551,5911,40193859345330122115025259218

Average

6%

198% from 2021

Typical

0% to 9%

to 5% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-49%to-37%-37%to-26%-26%to-14%-14%to-3%-3%to0%0%to2%2%to4%4%to7%7%to9%9%to12%12%to14%14%to16%16%to19%19%to27%27%to34%34%to42%42%to50%
2022513438871,2224,8572,9002,3261,9321,4301,0238346087201685017
20219261394,2893,4808,0923,8682,4991,5749336153742373191125120

Avgerage

3%

219% 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

-49%to-37%-37%to-26%-26%to-14%-14%to-3%-3%to-1%-1%to0%0%to2%2%to3%3%to5%5%to6%6%to8%8%to9%9%to11%11%to21%21%to30%30%to40%40%to50%
202258359069225,5452,4622,8502,0131,376958640405810111327
2021519903,7822,2778,4023,3493,3382,0121,21875745929159087327
select any:
2022
2021
2020

Sold Homes by Month Closed

OctoberNovemberDecember
20226,7135,9046,480
20218,7518,5689,401
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20221,4602,4023,6586,1908,40112,602
20211,4452,3533,6736,1678,37912,627
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20222125387799131,3483,339
20211985367859481,3963,447
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$64k$86k$108k$131k$153k$175k$198k$220k$242k$265k$287k$309k$331k$354k$376k$398k$420k$443k$465k$487k$509k$532k$554k$810k$1.3M$1.8M$2.3M$2.8M$3.3M$3.8M
2022606035354138354141444950595655606563596064646863598273197141149
202188384043443128242224293333383942474748464845505793142146165170152
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

$42.99$55.01$67.03$79.05$91.07$103.09$115.11$124.1$130.06$136.02$141.97$147.93$153.89$159.85$165.81$171.76$177.72$183.68$189.64$195.6$201.56$207.51$213.47$264.76$361.39$458.02$554.65$651.28$747.91$844.54
2022273761444044475046495050494649505160696866576361646578636062
2021454255413336292626282529283232373845485252626366857663109928
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5596747889031,0171,1311,2461,3601,4731,5871,7001,8131,9272,0402,1542,2672,3812,4942,6082,7212,8342,9483,0613,5964,5535,5106,4677,4248,3819,338
20222347464243413944445051524953505358626157556659616176131133136358
202166595749403535323334343635353440394038384046424664115136160154399
select any:
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18691886190419211938195619731983198619881991199419961999200120042006200920112014201720192022
20229738326757494334414838373846424347424348444777
20216239566049503529272928353333333235352932323464
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

OctoberNovemberDecember
2022465264
2021374143
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

5456327188058919771,0641,1701,2961,4211,5471,6731,7981,9242,0502,1752,3012,4272,5522,6782,8042,9293,0553,5964,5535,5106,4677,4248,3819,338
2022$231$203$215$211$183$178$185$183$177$177$172$167$171$167$164$163$169$161$162$164$166$165$171$178$218$249$318$330$452$401
2021$223$209$199$196$183$182$174$175$170$169$164$160$156$155$154$154$153$152$147$148$152$156$151$163$191$239$292$344$262$357

Available Units

9,463

Total Sold

5,627

Average

6%

198% from 2021

Typical Discount

0% to 9%

to 5% 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 October 1st to December 30th, 2022

Units Sold:

5,627

Average Sold Price:

$421,259

Average Sold Discount:

7%

Average Price Reduction:

5%

Average DOM:

78

Sold Listings

5,627

15% from 2021

Average

$421,259

6% from 2021

Typical

$298k to $467k

$282k to $426k in 2021

select any:
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$130kto$157k$157kto$184k$184kto$211k$211kto$238k$238kto$293k$293kto$348k$348kto$404k$404kto$459k$459kto$514k$514kto$569k$569kto$625k$625kto$680k$680kto$735k$735kto$2.1M$2.1Mto$3.5M$3.5Mto$4.9M$4.9Mto$6.3M
20221013651929881,2201,021637448282188162119259167
20211122962581,0961,15382144829919214311059182932

Average

$181

6% from 2021

Typical

$156 to $195

$146 to $185 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

$95to$105$105to$114$114to$124$124to$134$134to$146$146to$158$158to$171$171to$183$183to$195$195to$207$207to$220$220to$232$232to$244$244to$435$435to$626$626to$817$817to$1,008
2022411582085198089618877654853311781192483021
202115701743156657698277175262951797653183192

Avg Days to Sell

78

15% from 2021

Typical Days to Sell

17 to 115

8 to 97 in 2021

select any:
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

-24to44to3232to6060to8888to116116to144144to173173to201201to229229to458458to686686to915915to1,144
20226991,3849256855504033462231302611731
20211,0101,2487675193843261941451061791273

Avgerage

5%

1486% from 2021

Typical

0% to 9%

0% to 1% 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.)

-42%to-32%-32%to-22%-22%to-12%-12%to-1%-1%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to16%16%to19%19%to23%23%to26%26%to29%
202214162612,09038143149647039532924122617878206
202139886562,8143253892761628647211263

Average

7%

367% from 2021

Typical

1% to 12%

1% to 4% in 2021

select any:
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-49%to-37%-37%to-25%-25%to-13%-13%to-2%-2%to1%1%to3%3%to6%6%to8%8%to10%10%to13%13%to15%15%to17%17%to20%20%to27%27%to35%35%to42%42%to50%
202221162601,1035575906266415114513592242611731
202113476931,9198275414132111176329916611

Avgerage

3%

118% from 2021

Typical

0% to 5%

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

-49%to-37%-37%to-25%-25%to-13%-13%to-1%-1%to0%0%to1%1%to3%3%to4%4%to5%5%to7%7%to8%8%to9%9%to11%11%to21%21%to30%30%to40%40%to50%
20221262721,9385596795864243192511841242601741
2021163072,17679864041119213989493256731
select any:
2022
2021
2020

New Homes Sold Homes by Month Closed

OctoberNovemberDecember
20221,6871,7042,236
20211,3871,5681,952
select any:
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20226981,0291,6572,6293,2653,742
20216759831,6442,5633,1533,678
select any:
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20221693214325768501,454
20211543164376148831,544
select any:
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$148k$166k$183k$200k$217k$234k$251k$270k$289k$308k$328k$347k$366k$386k$405k$424k$444k$463k$482k$502k$521k$540k$560k$772k$1.2M$1.6M$2.0M$2.4M$2.8M$3.2M
2022137588840525556646269748776779188917387887410669869810210672254339
2021163782615039384355526070556662707377917774647188140278337316966289
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

$109.98$115.3$120.62$125.95$131.27$136.6$141.92$146.83$151.32$155.81$160.3$164.79$169.28$173.77$178.26$182.75$187.24$191.73$196.22$200.71$205.2$209.69$214.18$243.19$296.7$350.22$403.73$457.25$510.76$564.28
20228133437580827973747065647069768289949385878181748910010311919359
20213051947535855506252556051696360828074808287109277191234163
select any:
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

7388549701,0861,2021,3181,4331,5381,6321,7251,8191,9122,0062,0992,1932,2862,3802,4742,5672,6612,7542,8482,9413,4354,3295,2236,1177,9058,799
2022119186103504568649573626675687783871018686777610091771052506397
202120582629335261516464546857626672746582677553817994317235457966
select any:
2022
2021
2020

Average Days-to-Sell for Each Month

OctoberNovemberDecember
2022687588
2021666770
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

7298279251,0231,1211,2191,3171,4171,5181,6191,7211,8221,9242,0252,1262,2282,3292,4302,5322,6332,7352,8362,9373,4354,3295,2236,1177,0117,9058,799
2022$458$179$171$175$192$188$184$191$186$183$183$175$172$174$169$176$172$175$175$167$162$174$177$190$220$337$497$113$755$587
2021$102$162$168$181$190$195$182$175$181$172$175$166$166$167$164$162$162$161$170$155$160$144$174$176$217$308$307$524$378

Available Units

9,463

Total Sold

5,627

Average

7%

367% from 2021

Typical Discount

1% to 12%

1% to 4% in 2021

Available Units

9,463

Total Sold

5,627

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.