Greater Houston Real Estate

April 2023 Houston Market Conditions

From April 1st to April 30th, 2023

Units Sold:

7,361

Average Sold Price:

$420,060

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

71

Sold Listings

7,361

-19% from 2022

Average

$420,060

-1% from 2022

Typical

$260k to $468k

$265k to $475k in 2022

select any:
2023
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$23kto$60k$60kto$97k$97kto$134k$134kto$172k$172kto$253k$253kto$333k$333kto$414k$414kto$495k$495kto$576k$576kto$657k$657kto$738k$738kto$819k$819kto$900k$900kto$2.4M$2.4Mto$4.0M$4.0Mto$5.5M$5.5Mto$7.0M
20235511181941,2682,0481,2737794833292181181083352833
202223771642861,4032,3531,7111,0496484072601721264143982

Average

$179

-1% from 2022

Typical

$140 to $192

$139 to $195 in 2022

select any:
2023
2022
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$28to$48$48to$69$69to$89$89to$109$109to$133$133to$158$158to$182$182to$206$206to$231$231to$255$255to$279$279to$304$304to$328$328to$541$541to$755$755to$968$968to$1,182
2023529782561,0121,9001,75998543922613989633283352
2022940993451,2762,2792,0241,2286323142171181063824491

Avg Days to Sell

71

84% from 2022

Typical Days to Sell

7 to 111

4 to 38 in 2022

select any:
2023
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to2727to5555to8282to109109to137137to164164to191191to219219to246246to626626to1,0051,005to1,3851,385to1,764
20233,432999581484418365325220165365421
20226,42187849134328119017510484148231

Avgerage

2%

921% from 2022

Typical

0% to 4%

0% to 4% in 2022

select any:
2023
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-30%-30%to-20%-20%to-10%-10%to0%0%to1%1%to3%3%to4%4%to6%6%to7%7%to9%9%to10%10%to12%12%to13%13%to22%22%to31%31%to40%40%to49%
20232162874,5284814433202582151791451033174236
20228938626,9853222651751068256265066112

Average

4%

-704% from 2022

Typical

0% to 7%

to 2% in 2022

select any:
2023
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-47%to-36%-36%to-25%-25%to-15%-15%to-4%-4%to-1%-1%to1%1%to3%3%to6%6%to8%8%to10%10%to13%13%to15%15%to17%17%to24%24%to30%30%to37%37%to43%
202353233365281,8621,2201,009701461378233214259722313
20225121422,3221,2842,4831,08565840026116410156942278

Avgerage

2%

-301% from 2022

Typical

0% to 4%

to 2% in 2022

select any:
2023
2022
2021
2020

Negotiated Discounts from Final List Price

The percentage difference between final list price and closed price, distributed

-47%to-36%-36%to-25%-25%to-14%-14%to-4%-4%to-2%-2%to-1%-1%to1%1%to2%2%to4%4%to5%5%to7%7%to8%8%to9%9%to18%18%to27%27%to36%36%to44%
202333193432805132,4121,15288961639323213730246155
20222131292,0766777942,7188776723992661721041973262
select any:
2023
2022
2021
2020

Sold Homes by Month Closed

JanuaryFebruaryMarchAprilOctoberNovemberDecember
20234,5905,8437,9167,3615325,9046,503
20226,6057,6049,9019,14358,5689,719
select any:
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20236,2025,9636,2375,7297,26611,289
20227,7897,8637,9265,9007,18211,050
select any:
2023
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20236,5517,0397,2881,9591,0272,012
20228,3258,4468,1222,2141,0912,067
select any:
2023
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$71k$93k$115k$138k$160k$182k$204k$227k$251k$275k$299k$323k$347k$371k$395k$419k$443k$467k$491k$515k$539k$563k$587k$824k$1.3M$1.7M$2.2M$2.6M$3.1M$3.5M
202384605654515463566062727773796668868486706488798265927210212198
2022515449413541362726253133333538383739424647404547901086913418854
select any:
2023
2022
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$51.88$62.86$73.83$84.81$95.78$106.75$117.73$126.28$132.4$138.53$144.65$150.78$156.9$163.03$169.15$175.28$181.4$187.52$193.65$199.77$205.9$212.02$218.15$271.42$371.85$472.28$572.71$673.13$773.56$873.99
2023444248636061697269676466607168738766707476909272699260107344
202213314555423127282624242537303538404145424663506261766146116164
select any:
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5656848039221,0411,1601,2791,3961,5101,6231,7371,8511,9652,0792,1922,3062,4202,5342,6472,7612,8752,9893,1023,6234,5505,4776,4047,3318,2589,185
202365876651625248655971676972726276737470748578748075876912917870
2022416354384232453634333534403832373535423138423739597270135107135
select any:
2023
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

19021914192719391951196419761983198619881991199419961999200120042006200920112014201720192022
20231021086164676255525944425251514750535750545959148
2022528586770493726272824252429342534232419232469
select any:
2023
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilOctoberNovemberDecember
202369757671495264
202244484538374143
select any:
2023
2022
2021
2020

Price per Square Foot versus Total Sq Ft

The correlation between total home size and sold price per square foot

5506417328239131,0041,0951,2031,3291,4561,5821,7081,8341,9602,0872,2132,3392,4652,5912,7182,8442,9703,0963,6234,5505,4776,4047,3318,2589,185
2023$265$350$210$181$197$192$183$194$181$182$174$174$166$172$166$174$165$167$163$163$174$178$189$190$216$277$287$427$169$354
2022$278$180$208$234$227$186$186$190$187$185$179$179$174$171$172$170$165$168$169$162$165$176$177$186$217$259$294$365$336$293

Available Units

9,383

Total Sold

2,007

Average

4%

-704% from 2022

Typical Discount

0% to 7%

to 2% in 2022

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 April 1st to April 30th, 2023

Units Sold:

2,007

Average Sold Price:

$428,513

Average Sold Discount:

6%

Average Price Reduction:

4%

Average DOM:

112

Sold Listings

2,007

12% from 2022

Average

$428,513

2% from 2022

Typical

$294k to $470k

$299k to $469k in 2022

select any:
2023
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$160kto$178k$178kto$196k$196kto$215k$215kto$233k$233kto$290k$290kto$348k$348kto$405k$405kto$462k$462kto$520k$520kto$577k$577kto$634k$634kto$692k$692kto$749k$749kto$2.0M$2.0Mto$3.2M$3.2Mto$4.5M$4.5Mto$5.8M
2023511295538347231920412911186693387122
20223101238326389325215134107644229817

Average

$181

-2% from 2022

Typical

$152 to $192

$154 to $201 in 2022

select any:
2023
2022
2021
2020

Number of New Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$109to$115$115to$121$121to$127$127to$132$132to$146$146to$160$160to$174$174to$188$188to$202$202to$215$215to$229$229to$243$243to$257$257to$384$384to$510$510to$637$637to$764
20237163444246339415308233124654231741692
20224192454185281283284211173100512368141

Avg Days to Sell

112

57% from 2022

Typical Days to Sell

28 to 175

11 to 110 in 2022

select any:
2023
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to3333to6767to100100to134134to167167to201201to234234to268268to301301to389389to477477to565565to653
20235793141911961741581081147187942
20227803121961701011065328151724

Avgerage

4%

-389% from 2022

Typical

0% to 7%

to 7% in 2022

select any:
2023
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.)

-18%to-14%-14%to-10%-10%to-6%-6%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to16%16%to19%19%to22%22%to25%25%to28%
20233311848191411781711491139777585430107
202211601483299908664432111743

Average

6%

-1149% from 2022

Typical

0% to 11%

-2% to 1% in 2022

select any:
2023
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-47%to-36%-36%to-24%-24%to-13%-13%to-2%-2%to1%1%to3%3%to5%5%to7%7%to10%10%to12%12%to14%14%to16%16%to19%19%to21%21%to24%24%to27%27%to29%
202321296426249262217179168124108695432106
202232051675624811251352493512

Avgerage

2%

178% from 2022

Typical

0% to 4%

0% to 1% in 2022

select any:
2023
2022
2021
2020

Negotiated Discounts from Final Builder List Price

The percentage difference between final list price and closed price, distributed

-47%to-36%-36%to-24%-24%to-13%-13%to-1%-1%to0%0%to1%1%to2%2%to4%4%to5%5%to6%6%to7%7%to8%8%to9%9%to13%13%to16%16%to19%19%to23%
2023112966952252672021571086947366426101
20221512792024618011971423213912521
select any:
2023
2022
2021
2020

New Homes Sold Homes by Month Closed

JanuaryFebruaryMarchAprilOctoberNovemberDecember
20231,3581,8982,3412,0071761,7042,250
20221,3201,7192,2111,78621,5682,092
select any:
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20231,8081,5761,7222,3662,9563,752
20221,3481,3781,5952,2412,8393,547
select any:
2023
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20232,1162,1221,8257236171,069
20221,7261,6511,2416296691,122
select any:
2023
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$174k$187k$199k$211k$224k$236k$249k$265k$286k$307k$328k$349k$370k$391k$412k$433k$454k$474k$495k$516k$537k$558k$579k$769k$1.1M$1.5M$1.8M$2.2M$2.6M$2.9M
2023729094826068809288991131181281121071241311011431271101081181431221995518210036
2022102827836438454765646173717665739774638181857891116139283160262
select any:
2023
2022
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$113.34$117.59$121.84$126.1$130.35$134.61$138.86$143.24$147.75$152.26$156.77$161.27$165.78$170.29$174.8$179.31$183.81$188.32$192.83$197.34$201.85$206.35$210.86$240.69$295.85$351$406.15$461.3$516.46$571.61
2023682441138912799122110991009511411210910512612910111410410512711012111912912610918862
20224912273959526261626168716278726275669069908089110137319224123
select any:
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

7278449621,0791,1961,3141,4311,5391,6381,7361,8351,9342,0322,1312,2292,3282,4272,5252,6242,7222,8212,9203,0183,5054,3815,2576,1337,0097,884
202338645613773588982117106971041119010812012111311910015415313514413314625162338
20223553062405546606583637859706588758174103656677819664161268
select any:
2023
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilOctoberNovemberDecember
20239299107112667588
202272777271716769
select any:
2023
2022
2021
2020

Price per Square Foot versus Total Sq Ft

The correlation between total home size and sold price per square foot

7189181,0181,1181,2181,3181,4211,5281,6341,7401,8461,9522,0592,1652,2712,3772,4832,5902,6962,8022,9083,0143,5054,3815,2576,1337,0097,884
2023$269$185$170$184$181$189$189$184$178$187$174$174$165$165$173$172$183$168$160$163$182$187$191$214$346$381$527$764
2022$228$169$221$186$215$195$197$196$194$183$184$182$179$176$184$177$171$168$171$166$166$173$173$192$226$288$356$163

Available Units

9,381

Total Sold

2,007

Average

6%

-1149% from 2022

Typical Discount

0% to 11%

-2% to 1% in 2022

Available Units

9,381

Total Sold

2,007

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.