Greater Houston Real Estate

Quarterly Market Statistics - 2023 Q2

From April 1st to June 30th, 2023

Units Sold:

24,899

Average Sold Price:

$425,067

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

63

Sold Listings

24,899

-14% from 2022

Average

$425,067

-2% from 2022

Typical

$263k to $475k

$270k to $485k in 2022

select any:
2023
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$22kto$59k$59kto$95k$95kto$132k$132kto$168k$168kto$252k$252kto$336k$336kto$420k$420kto$504k$504kto$589k$589kto$673k$673kto$757k$757kto$841k$841kto$925k$925kto$3.2M$3.2Mto$5.5M$5.5Mto$7.7M$7.7Mto$10.0M
2023331884086084,0996,9924,5002,6541,5501,1497374113201,2172841
2022622034867264,2897,6735,6553,2751,9891,3608665493841,3754091

Average

$180

-1% from 2022

Typical

$141 to $194

$142 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$87$87to$109$109to$133$133to$156$156to$180$180to$204$204to$227$227to$251$251to$274$274to$298$298to$321$321to$536$536to$752$752to$967$967to$1,182
202318712499053,1925,8296,1023,5131,7238835403072801,116109135
2022171022779963,5206,7336,6934,2532,2831,1346384523211,299160171

Avg Days to Sell

63

82% from 2022

Typical Days to Sell

6 to 88

4 to 31 in 2022

select any:
2023
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to2727to5454to8181to108108to135135to162162to189189to216216to243243to623623to1,0041,004to1,3841,384to1,764
202312,6863,5272,0461,4251,0709348206255091,2351651
202220,9193,0031,44992967449737829121751643104

Avgerage

2%

704% from 2022

Typical

0% to 3%

0% to 3% 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.)

-48%to-36%-36%to-24%-24%to-12%-12%to0%0%to1%1%to3%3%to4%4%to5%5%to6%6%to8%8%to9%9%to10%10%to11%11%to21%21%to30%30%to39%39%to49%
202346331,09915,9231,2731,3541,0968256145634523551,073133297
202215162062,80521,88987478062543628023715311734763133

Average

4%

-742% from 2022

Typical

0% to 6%

to 2% in 2022

select any:
2023
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-48%to-37%-37%to-26%-26%to-15%-15%to-4%-4%to-2%-2%to1%1%to3%3%to5%5%to7%7%to9%9%to12%12%to14%14%to16%16%to24%24%to32%32%to40%40%to49%
2023109621,1601,7006,3274,0183,6162,4001,6741,2118185819542006523
202212353667,0923,8047,8893,0342,3841,4679656054022453751223614

Avgerage

2%

-318% 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

-47%to-36%-36%to-25%-25%to-15%-15%to-4%-4%to-2%-2%to-1%-1%to1%1%to2%2%to3%3%to5%5%to6%6%to8%8%to9%9%to18%18%to28%28%to37%37%to46%
202369461,1839791,7397,9903,6023,1832,2191,3768055071,0311673514
20225263496,2822,1042,6208,4362,6902,1751,428914591413747125206
select any:
2023
2022
2021
2020

Sold Homes by Month Closed

AprilMayJune
20237,3618,7218,817
20229,1439,8599,941
select any:
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20233,4295,4639,74411,06411,19611,840
20223,1075,47010,93413,13212,49711,846
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
20235161,6677,3338,7258,2044,716
20228352,3008,3919,6308,9574,637
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$227k$251k$275k$299k$323k$347k$371k$395k$420k$444k$468k$492k$516k$540k$564k$588k$832k$1.3M$1.8M$2.2M$2.7M$3.2M$3.6M
202372515153464954515257636370676965646968746572767065818211713390
2022586047353434312624242633333334293240403836364243668390130210112
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

$37.89$51.17$64.45$77.73$91.01$104.29$117.57$127.29$133.44$139.59$145.75$151.9$158.05$164.21$170.36$176.51$182.66$188.82$194.97$201.12$207.28$213.43$219.58$277.6$387.49$497.39$607.28$717.17$827.06$936.95
2023177051615757616659635857575662666662686866717468717577465252
20221240465151322524252222252929313335343842495045555758643517170
select any:
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5606757919071,0221,1381,2531,3701,4881,6071,7251,8431,9622,0802,1982,3172,4352,5532,6722,7902,9083,0273,1453,6654,5865,5076,4287,3498,2709,191
202366585252524847585261626363655866656867686871636770838412221759
2022445047403935373329313134313328323534343033303536505977158168212
select any:
2023
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18681885190319211938195619731983198619881991199419961999200120042006200920112014201720192022
2023104337065646150445141364141484447464841454853152
2022921494561443326252122212327292325212020202662
select any:
2023
2022
2021
2020

Average Days-to-Sell for Each Month

AprilMayJune
2023716258
2022383432
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

5456317188048909771,0631,1721,3031,4341,5651,6961,8271,9582,0902,2212,3522,4832,6142,7452,8763,0073,1383,6654,5865,5076,4287,3498,2709,191
2023$258$257$203$192$198$177$200$191$182$182$177$173$170$172$167$171$168$170$165$167$170$179$181$190$225$271$293$345$298$317
2022$269$205$195$205$218$192$198$197$191$188$181$177$171$177$173$172$169$173$167$168$172$176$177$188$220$255$279$361$384$422

Available Units

9,463

Total Sold

6,423

Average

4%

-742% from 2022

Typical Discount

0% to 6%

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 June 30th, 2023

Units Sold:

6,423

Average Sold Price:

$424,845

Average Sold Discount:

5%

Average Price Reduction:

3%

Average DOM:

105

Sold Listings

6,423

14% from 2022

Average

$424,845

0% from 2022

Typical

$292k to $470k

$300k to $472k 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$521k$521kto$580k$580kto$638k$638kto$696k$696kto$754k$754kto$2.0M$2.0Mto$3.3M$3.3Mto$4.5M$4.5Mto$5.8M
2023431652131,1781,5351,0437044553152262241082843323
20221030511119091,3291,0786254453292111551002261832

Average

$182

-2% from 2022

Typical

$154 to $194

$157 to $202 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

$52to$72$72to$92$92to$112$112to$132$132to$146$146to$160$160to$174$174to$189$189to$203$203to$217$217to$231$231to$245$245to$259$259to$386$386to$513$513to$641$641to$768
202311193007281,0801,3171,0567243952271449923957205
2022172285308629859316975613271797417547105

Avg Days to Sell

105

59% from 2022

Typical Days to Sell

22 to 163

8 to 94 in 2022

select any:
2023
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to3434to6969to103103to137137to172172to206206to240240to275275to309309to470470to632632to793793to955
20232,1371,0697175294673803312692022843071
20222,8479165794252752141478649681822

Avgerage

3%

-300% from 2022

Typical

0% to 6%

to 6% 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.)

-25%to-19%-19%to-13%-13%to-8%-8%to-2%-2%to0%0%to2%2%to4%4%to5%5%to7%7%to9%9%to11%11%to13%13%to15%15%to20%20%to25%25%to31%31%to36%
202377282794752,84253152840238627418914824855153
202223794171,1496232,7922321217457142087111

Average

5%

-984% from 2022

Typical

0% to 9%

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-25%-25%to-13%-13%to-2%-2%to0%0%to2%2%to5%5%to7%7%to9%9%to11%11%to13%13%to15%15%to18%18%to22%22%to26%26%to30%30%to34%
202334103021,52186088571152850434325017523167176
202234661,5392,3876574422141338345261114312

Avgerage

2%

99% 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

-47%to-36%-36%to-24%-24%to-13%-13%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%7%to8%8%to15%15%to21%21%to27%27%to34%
20232343132,3976267686404813402601671002664871
2022194382,826668524385221178946565140185
select any:
2023
2022
2021
2020

New Homes Sold Homes by Month Closed

AprilMayJune
20232,0072,2302,186
20221,7861,8631,988
select any:
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20231,4992,0252,5543,0083,1033,158
20221,4121,7612,2292,7392,9893,103
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
20234158962,2072,3312,0531,543
20226981,2041,7871,6181,4901,443
select any:
2023
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$148k$164k$180k$197k$213k$229k$245k$263k$284k$304k$324k$344k$365k$385k$405k$425k$445k$466k$486k$506k$526k$547k$567k$807k$1.3M$1.7M$2.2M$2.6M$3.1M$3.6M
202319113095104676570768892101108116113113100110107991121281141291311541681151706028
2022274558523741354444596472636763736969708078646884134165232125433
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

$75.11$85.33$95.54$105.76$115.98$126.19$136.41$143.82$148.43$153.03$157.64$162.25$166.85$171.46$176.06$180.67$185.27$189.88$194.48$199.09$203.7$208.3$212.91$259.54$348.2$436.85$525.51$614.17$791.48
20231074273449611811110410389101931041031011121029910611296107108107139117144109203
20224118254845545058606254596362615965717274626790123162130675123
select any:
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

6357658961,0261,1561,2871,4171,5301,6261,7221,8181,9132,0092,1052,2012,2972,3922,4882,5842,6802,7762,8722,9673,4574,3405,2236,1076,9907,873
20233364992555885741149687971091008811610012511111912213213013113117512228338
20222743303738514846635859686465586875808463627462781091323259284104
select any:
2023
2022
2021
2020

Average Days-to-Sell for Each Month

AprilMayJune
2023112102101
2022716364
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

6267378489601,0711,1821,2931,4011,5051,6091,7141,8181,9222,0262,1302,2342,3382,4432,5472,6512,7552,8592,9633,4574,3405,2236,1076,9907,873
2023$309$367$185$177$188$193$182$194$180$185$182$176$179$171$167$172$168$175$176$171$161$176$185$190$235$339$338$501$764
2022$314$212$168$203$181$202$192$195$193$184$190$182$182$174$183$177$172$171$182$164$173$173$179$195$233$294$315$667$360$531

Available Units

9,463

Total Sold

6,423

Average

5%

-984% from 2022

Typical Discount

0% to 9%

to 1% in 2022

Available Units

9,463

Total Sold

6,423

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.