Greater Houston Real Estate

2023 Year-end Statistics

From January 1st to December 31st, 2023

Units Sold:

84,092

Average Sold Price:

$413,419

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

63

Sold Listings

84,092

-13% from 2022

Average

$413,419

0% from 2022

Typical

$260k to $460k

$260k to $460k in 2022

select any:
2023
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$235to$41k$41kto$83k$83kto$124k$124kto$165k$165kto$243k$243kto$322k$322kto$400k$400kto$478k$478kto$557k$557kto$635k$635kto$713k$713kto$792k$792kto$870k$870kto$3.8M$3.8Mto$6.8M$6.8Mto$9.8M$9.8Mto$12.8M
2023484931,3182,34011,84023,30515,9849,5835,8283,6272,7251,6641,1154,1476276
2022455821,5842,91513,60525,25118,81211,9556,8314,2703,0281,8461,3214,5999181

Average

$177

0% from 2022

Typical

$139 to $191

$138 to $191 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

$0to$27$27to$54$54to$80$80to$107$107to$129$129to$152$152to$174$174to$196$196to$218$218to$241$241to$263$263to$285$285to$307$307to$630$630to$953$953to$1,276$1,276to$1,599
2023171338233,2249,38018,06720,10213,4516,8173,5602,0561,1989114,016167113
2022111689553,92611,45421,11122,25415,0008,0784,1132,2661,4741,0114,549177111

Avg Days to Sell

63

55% from 2022

Typical Days to Sell

8 to 86

5 to 49 in 2022

select any:
2023
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to2626to5252to7878to104104to129129to155155to181181to207207to233233to616616to999999to1,3811,381to1,764
202338,78913,5758,4375,9184,3743,1462,4321,8671,3374,13861153
202259,53413,9717,5404,7943,3182,2651,5401,1086721,84598246

Avgerage

2%

99% from 2022

Typical

0% to 4%

0% to 0% 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%to6%6%to7%7%to8%8%to10%10%to11%11%to13%13%to22%22%to31%31%to40%40%to49%
20231132763,32250,2885,2935,3274,1513,2552,7302,1741,7681,2883,60645810132
202230463996,88866,5494,3584,3243,2632,4631,9951,4121,1929082,2603226119

Average

5%

153% from 2022

Typical

0% to 8%

to 5% in 2022

select any:
2023
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-49%to-38%-38%to-26%-26%to-15%-15%to-3%-3%to-1%-1%to1%1%to4%4%to6%6%to8%8%to11%11%to13%13%to15%15%to17%17%to26%26%to34%34%to42%42%to50%
202332412023,8966,00221,45214,31211,0667,9085,7974,1322,8351,9843,17670222992
2022417976816,65211,32125,41312,9289,0546,3994,4032,9482,0831,3902,17656017163

Avgerage

2%

260% from 2022

Typical

0% to 4%

to 3% 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-3%-3%to-2%-2%to0%0%to1%1%to3%3%to4%4%to6%6%to7%7%to9%9%to10%10%to20%20%to30%30%to40%40%to50%
202324321633,9673,7345,08928,90713,1279,9676,4684,1292,5641,6803,51850714632
2022285974014,4816,7437,32531,03311,8038,3895,2463,4382,3571,4393,03746210824
select any:
2023
2022
2021
2020

Sold Homes by Month Closed

JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
20234,5905,8437,9167,3618,7218,8177,6028,0006,8796,2676,0646,032
20226,6057,6049,9019,1439,8599,9418,3438,4397,7926,7135,9046,503
select any:
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20237,7888,40611,73913,47316,00719,978
20229,36910,02912,89115,25117,07621,222
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
20236,7347,3969,1189,1409,67511,022
20228,7719,18610,40310,25910,69611,467
select any:
2023
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$63k$86k$108k$131k$154k$176k$199k$222k$245k$268k$291k$315k$338k$361k$384k$408k$431k$454k$477k$501k$524k$547k$570k$826k$1.3M$1.8M$2.3M$2.8M$3.3M$3.8M
20236253514648505248505459636770697068697072706975717192100113115136
20225054454036353130302933353940424243444749474547516885103148188189
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

$23.51$38.81$54.11$69.42$84.72$100.02$115.33$126$132.03$138.06$144.09$150.13$156.16$162.19$168.22$174.26$180.29$186.32$192.35$198.39$204.42$210.45$216.48$274.96$385.87$496.78$607.69$718.6$829.51$940.42
20231063585653596162606159595957586365626669667074697776916277108
202227284945403833313030323233343638404349495154555858686096175134
select any:
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5596747899041,0191,1341,2491,3641,4791,5941,7091,8241,9392,0542,1692,2842,3992,5142,6292,7442,8592,9743,0893,6314,6005,5696,5387,5078,4769,445
20234656565252485153535958626168596565686968687366707390104131143137
20224349454340373735333637383840364040464139424340455269115144174245
select any:
2023
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18681886190319211939195619741984198719891992199519972000200220052007201020122015201820202023+
20238170827166594944444440444448484953474750526695
20223282506057493630302828273031323032302729283267
select any:
2023
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
2023697576716258545457596071
2022444845383432283240465264
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

5456317188048909771,0631,1701,2971,4251,5521,6801,8071,9352,0622,1902,3172,4452,5722,7002,8272,9553,0823,6314,6005,5696,5387,5078,4769,445
2023$274$220$195$215$199$181$191$185$181$179$176$171$169$169$167$166$165$167$165$165$167$174$176$185$220$270$305$368$384$391
2022$274$210$201$210$200$184$189$190$184$182$176$171$170$170$167$168$166$166$164$161$165$170$171$180$214$253$284$379$374$389

Available Units

9,463

Total Sold

23,776

Average

5%

153% from 2022

Typical Discount

0% to 8%

to 5% 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 January 1st to December 31st, 2023

Units Sold:

23,776

Average Sold Price:

$414,500

Average Sold Discount:

6%

Average Price Reduction:

4%

Average DOM:

96

Sold Listings

23,776

11% from 2022

Average

$414,500

-1% from 2022

Typical

$290k to $451k

$298k to $463k in 2022

select any:
2023
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$105kto$136k$136kto$167k$167kto$197k$197kto$228k$228kto$284k$284kto$341k$341kto$397k$397kto$453k$453kto$510k$510kto$566k$566kto$622k$622kto$679k$679kto$735k$735kto$3.5M$3.5Mto$6.2M$6.2Mto$9.0M$9.0Mto$11.8M
20239742118944,2725,8113,9712,6321,7231,1137666854201,1692222
20228421605243,4124,8633,9722,7321,7141,192774597414990243

Average

$180

-1% from 2022

Typical

$152 to $193

$155 to $198 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$91$91to$111$111to$130$130to$144$144to$157$157to$171$171to$184$184to$198$198to$212$212to$225$225to$239$239to$252$252to$519$519to$786$786to$1,053$1,053to$1,320
202336781,0992,4483,8134,3254,1372,8041,7191,1436083701,1077551
20222367621,9473,1043,7093,6682,8602,0191,251687371891566

Avg Days to Sell

96

38% from 2022

Typical Days to Sell

19 to 139

11 to 102 in 2022

select any:
2023
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to3434to6767to101101to135135to168168to202202to236236to269269to303303to544544to786786to1,0271,027to1,268
20238,3034,1462,8302,2861,6721,1649667434721,1137083
20229,4983,9072,4961,8881,3469125143051793262595

Avgerage

4%

286% from 2022

Typical

0% to 7%

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.)

-44%to-34%-34%to-23%-23%to-12%-12%to-1%-1%to0%0%to2%2%to4%4%to6%6%to8%8%to9%9%to11%11%to13%13%to15%15%to22%22%to28%28%to35%35%to42%
2023213251,14810,0811,5902,0191,9171,6371,4841,1888106571,020145194
202212212573,70110,6461,2311,2271,0698477174913813114334551

Average

6%

129% from 2022

Typical

0% to 10%

0% to 6% 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-1%-1%to1%1%to3%3%to5%5%to7%7%to9%9%to12%12%to14%14%to16%16%to18%18%to25%25%to32%32%to40%40%to47%
2023514471,1135,4033,0802,9982,5842,1821,8931,4751,0447301,07197164
202212171453,7597,1462,6621,9871,4711,1859446525213854395974

Avgerage

2%

36% from 2022

Typical

0% to 4%

0% to 3% 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%to16%16%to24%24%to31%31%to38%
202348331,1408,5882,5632,8902,2951,7991,3158896064511,013153216
202258301,3189,1742,5622,4461,7021,24180157545628270590197
select any:
2023
2022
2021
2020

New Homes Sold Homes by Month Closed

JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
20231,3581,8982,3412,0072,2302,1861,7741,8621,9191,8092,1842,208
20221,3201,7192,2111,7861,8631,9881,5061,6331,7561,6871,7042,250
select any:
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20232,6082,7603,5664,2384,8675,258
20222,3472,5173,2553,9284,5334,813
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
20232,2792,4082,7122,6752,8053,253
20222,1412,3112,3922,1462,3092,639
select any:
2023
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$138k$155k$172k$190k$207k$224k$241k$260k$279k$298k$317k$336k$355k$374k$393k$412k$431k$450k$469k$488k$507k$526k$545k$800k$1.3M$1.8M$2.3M$2.8M$3.3M$3.8M
20231199299896161676377818894106107107105101103111102110107106119128177147159142131
2022824469494144435055626670677274787478777176798584137122209314157483
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$85.01$95.02$105.03$115.04$125.04$135.05$142.37$146.98$151.6$156.22$160.84$165.46$170.07$174.69$179.31$183.93$188.54$193.16$197.78$202.4$207.02$211.63$267.1$373.41$479.72$586.03$692.34$798.65
202354694474839792978994938890919792949698999010392104135156160175131
202266323253616463656163606266687176787677747580116144125349958
select any:
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

6357648931,0221,1511,2801,4091,5201,6131,7061,7991,8921,9852,0772,1702,2632,3562,4492,5422,6342,7272,8202,9133,4294,3685,3076,2477,1868,1259,064
20234825438065527871958290841039491921031021071069612012012013214212618118884
202236574443424653546965596171647068827792726970838493119204184268181
select any:
2023
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
20239299107112102101999384847895
2022727772716364546164687588
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

6247338419501,0591,1671,2761,3811,4831,5851,6861,7881,8901,9922,0942,1962,2972,3992,5012,6032,7052,8072,9083,4294,3685,3076,2477,1868,1259,064
2023$244$380$207$168$195$184$181$189$186$183$179$181$171$172$169$166$165$171$181$164$162$164$178$190$240$321$413$547$440$651
2022$324$218$183$193$189$196$190$194$188$184$185$179$178$175$176$173$174$173$180$164$167$164$178$191$232$327$380$590$524$550

Available Units

9,463

Total Sold

23,776

Average

6%

129% from 2022

Typical Discount

0% to 10%

0% to 6% in 2022

Available Units

9,463

Total Sold

23,776

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.