Greater Houston Real Estate

June 2023 Houston Market Conditions

From June 1st to June 30th, 2023

Units Sold:

8,817

Average Sold Price:

$427,819

Average Sold Discount:

3%

Average Price Reduction:

2%

Average DOM:

58

Sold Listings

8,817

-11% from 2022

Average

$427,819

-1% from 2022

Typical

$264k to $480k

$275k to $485k in 2022

select any:
2023
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$25kto$61k$61kto$97k$97kto$132k$132kto$168k$168kto$253k$253kto$338k$338kto$424k$424kto$509k$509kto$594k$594kto$679k$679kto$765k$765kto$850k$850kto$935k$935kto$3.2M$3.2Mto$5.5M$5.5Mto$7.7M$7.7Mto$10.0M
202321701561931,4372,4321,59399656240524715011243481
202226791392201,4002,6532,0091,162709468291177152440115

Average

$180

-1% from 2022

Typical

$142 to $195

$143 to $197 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

$21to$43$43to$65$65to$88$88to$110$110to$133$133to$156$156to$179$179to$203$203to$226$226to$249$249to$272$272to$296$296to$319$319to$498$498to$677$677to$857$857to$1,036
2023631863181,0611,9962,1781,2596593511961101113755664
2022239983291,1342,2662,3631,5248234121911461123819991

Avg Days to Sell

58

80% from 2022

Typical Days to Sell

6 to 72

4 to 27 in 2022

select any:
2023
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to2727to5454to8080to107107to134134to161161to187187to214214to241241to511511to781781to1,0501,050to1,320
20234,7961,2797474882682412201711604271811
20227,3831,0754632831561229392631771863

Avgerage

2%

366% from 2022

Typical

0% to 2%

0% to 2% 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.)

-38%to-29%-29%to-19%-19%to-10%-10%to0%0%to1%1%to2%2%to3%3%to5%5%to6%6%to7%7%to8%8%to9%9%to10%10%to17%17%to23%23%to30%30%to36%
202325154185,751417386405291248162142116311932511
20227131228597,410277259231178119112763514743157

Average

3%

-3460% from 2022

Typical

0% to 6%

to 3% in 2022

select any:
2023
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-14%-14%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to7%7%to9%9%to11%11%to13%13%to15%15%to23%23%to32%32%to40%40%to49%
202324244105772,2661,3071,35785963143029619133573258
20223111182,1421,2052,80999189256438625915311017861218

Avgerage

2%

-454% from 2022

Typical

0% to 3%

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

-45%to-35%-35%to-24%-24%to-14%-14%to-4%-4%to-2%-2%to-1%-1%to0%0%to2%2%to3%3%to5%5%to6%6%to8%8%to9%9%to18%18%to27%27%to37%37%to46%
202322174193646082,8101,2401,15881647127619036557145
2022171021,8986989262,98691878354233322215130850113
select any:
2023
2022
2021
2020

Sold Homes by Month Closed

JanuaryFebruaryMarchAprilMayJuneDecember
20234,5905,8437,9167,3618,7218,81723
20226,6057,6049,9019,1439,8599,941318
select any:
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20237,1757,5049,85010,50710,34210,993
20228,6759,12111,21012,50711,62210,864
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
20236,6767,3108,8978,6527,9513,471
20228,6318,9849,9649,5658,7283,410
select any:
2023
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$66k$89k$112k$135k$158k$181k$204k$228k$252k$276k$300k$324k$348k$372k$396k$420k$444k$468k$492k$516k$540k$564k$588k$832k$1.3M$1.8M$2.2M$2.7M$3.2M$3.6M
202374544664523844474754585866556366505952656977656262756110333194
2022627543393633232522222635293230252836372926313540548311768266144
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

$49.5$61.17$72.85$84.53$96.2$107.88$119.56$128.47$134.64$140.8$146.96$153.12$159.28$165.44$171.6$177.76$183.93$190.09$196.25$202.41$208.57$214.73$220.89$278.83$388.53$498.23$607.94$717.64$827.34
2023494369584952535951645455515658615555645957566460745788585
2022655854432242319222221252827313130413842424049516267233
select any:
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5596737889021,0161,1311,2451,3621,4811,6001,7201,8391,9592,0782,1972,3172,4362,5552,6752,7942,9143,0333,1523,6724,5925,5126,4327,3528,2729,192
202387585552484347495055546159605658616758675662645759765317936923
202222384541393431312832303531262827372823272425323542488220927475
select any:
2023
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18761893190919261942195819751984198719891992199419971999200220042007200920122014201720192022
2023155161959645444413134303637343947404241354249157
2022548273650393022241520192219202123211818182659
select any:
2023
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilMayJuneDecember
202369757671625863
202244484538343247
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

5446297137978829661,0501,1591,2911,4241,5561,6891,8211,9542,0862,2192,3512,4842,6162,7482,8813,0133,1463,6724,5925,5126,4327,3528,2729,192
2023$239$193$202$227$179$178$184$191$182$183$177$174$173$173$165$171$169$169$170$169$169$177$182$192$237$255$295$310$307$329
2022$239$240$178$195$202$193$206$200$196$185$181$176$175$175$175$175$170$172$165$167$171$174$176$187$218$264$290$409$330$462

Available Units

9,383

Total Sold

2,186

Average

3%

-3460% from 2022

Typical Discount

0% to 6%

to 3% 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 June 1st to June 30th, 2023

Units Sold:

2,186

Average Sold Price:

$419,138

Average Sold Discount:

4%

Average Price Reduction:

3%

Average DOM:

101

Sold Listings

2,186

10% from 2022

Average

$419,138

-2% from 2022

Typical

$288k to $459k

$301k to $470k in 2022

select any:
2023
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$141kto$163k$163kto$186k$186kto$208k$208kto$230k$230kto$288k$288kto$347k$347kto$405k$405kto$463k$463kto$522k$522kto$580k$580kto$638k$638kto$697k$697kto$755k$755kto$1.9M$1.9Mto$3.1M$3.1Mto$4.2M$4.2Mto$5.4M
20233111871447495376239149104666531951411
2022614163130647740920115911574524076812

Average

$183

-2% from 2022

Typical

$154 to $195

$158 to $203 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

$90to$101$101to$111$111to$122$122to$133$133to$147$147to$161$161to$175$175to$189$189to$203$203to$217$217to$231$231to$245$245to$259$259to$386$386to$513$513to$640$640to$768
2023152084257364443349242143825529821972
2022218621743003293452511891456919551772

Avg Days to Sell

101

59% from 2022

Typical Days to Sell

20 to 151

7 to 83 in 2022

select any:
2023
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to3636to7171to107107to143143to178178to214214to250250to285285to321321to422422to524524to625625to726
2023790386278154123105948557921075
20221,101309188111765850302422931

Avgerage

3%

-267% from 2022

Typical

0% to 5%

to 5% 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.)

-24%to-18%-18%to-13%-13%to-8%-8%to-3%-3%to-1%-1%to1%1%to3%3%to4%4%to6%6%to8%8%to10%10%to11%11%to13%13%to19%19%to25%25%to30%30%to36%
20233112941231,005171174161107987449752483
202211301323281931,043826338191749511

Average

4%

-1239% from 2022

Typical

0% to 7%

to 1% in 2022

select any:
2023
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-40%to-31%-31%to-21%-21%to-12%-12%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to16%16%to20%20%to25%25%to29%29%to34%
20231521001526103202721881531229354683273
202213414382767651731186141301710722

Avgerage

2%

44% from 2022

Typical

0% to 3%

0% to 2% 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

-40%to-30%-30%to-21%-21%to-11%-11%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%7%to8%8%to11%11%to14%14%to17%17%to20%
2023111107101942225227172118836137663392
202231431411,005199132103674531225232102
select any:
2023
2022
2021
2020

New Homes Sold Homes by Month Closed

JanuaryFebruaryMarchAprilMayJuneDecember
20231,3581,8982,3412,0072,2302,18614
20221,3201,7192,2111,7861,8631,988140
select any:
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20232,2692,2462,4772,8262,9643,325
20221,8521,9302,1372,5122,8353,175
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
20232,2262,3352,5212,2801,8811,231
20222,0122,1191,9871,5721,3421,151
select any:
2023
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$148k$164k$180k$196k$212k$228k$244k$261k$281k$300k$319k$338k$358k$377k$396k$415k$435k$454k$473k$492k$512k$531k$550k$762k$1.2M$1.6M$2.0M$2.4M$2.8M
20231911697011458806467928499109104103111126103937886921411491271561659240127
2022472761812343729433759716567576165677372787345557815222015230121
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

$93.58$108.49$115.95$123.41$130.87$138.33$144.34$148.92$153.49$158.06$162.63$167.2$171.77$176.34$180.91$185.48$190.06$194.63$199.2$203.77$208.34$212.91$253.95$331.45$408.94$486.44$563.94
20234229491471021201031109011193115999410383891031059587901031051617189
202262687529434849596847575348556759737479485473819715910131123875
select any:
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

6347611,0161,1431,2701,3971,5081,6031,6971,7921,8861,9812,0752,1702,2642,3582,4532,5472,6422,7362,8312,9253,2593,8314,4044,9765,5496,1216,694
202327511537618361108949494114949895113110128101117124119121129126144202589
20224620254255504939555562845963525475848343557263771021703516299
select any:
2023
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilMayJuneDecember
2023929910711210210181
202272777271636459
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

6237299411,0461,1521,2581,3631,4671,5711,6741,7781,8821,9862,0902,1942,2982,4012,5052,6092,7132,8172,9213,2593,8314,4044,9765,5496,1216,694
2023$349$367$176$195$186$184$186$183$178$174$183$175$183$164$169$170$177$183$167$160$166$178$187$215$266$372$290$260$377
2022$183$197$187$208$204$190$197$194$187$191$186$180$173$183$174$169$174$182$165$170$177$185$196$228$310$315$722$558

Available Units

9,383

Total Sold

2,186

Average

4%

-1239% from 2022

Typical Discount

0% to 7%

to 1% in 2022

Available Units

9,383

Total Sold

2,186

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.