Greater Houston Real Estate

Houston 2024 Midyear Market Statistics

From January 1st to June 30th, 2024

Units Sold:

40,597

Average Sold Price:

$424,566

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

71

Sold Listings

40,597

-6% from 2023

Average

$424,566

3% from 2023

Typical

$263k to $470k

$259k to $460k in 2023

select any:
2024
2023
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$180to$41k$41kto$83k$83kto$124k$124kto$165k$165kto$248k$248kto$332k$332kto$415k$415kto$498k$498kto$582k$582kto$665k$665kto$748k$748kto$832k$832kto$915k$915kto$5.4M$5.4Mto$10.0M$10.0Mto$14.5M$14.5Mto$19.0M
2024312175841,1496,04611,6117,6324,3612,7601,6811,1748274792,03762
2023262677001,2156,89512,6627,7844,7252,7491,8591,1707355051,944102

Average

$180

2% from 2023

Typical

$141 to $195

$139 to $190 in 2023

select any:
2024
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$131$131to$154$154to$178$178to$201$201to$225$225to$248$248to$272$272to$295$295to$319$319to$604$604to$888$888to$1,173$1,173to$1,458
202415853651,5624,4509,1219,7156,3323,3281,5559735664281,893117143
20237764431,7605,46110,22110,6436,1742,9391,5379255194621,90083121

Avg Days to Sell

71

5% from 2023

Typical Days to Sell

9 to 100

8 to 99 in 2023

select any:
2024
2023
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to2727to5454to8181to108108to136136to163163to190190to217217to244244to516516to789789to1,0611,061to1,333
202417,9846,1914,0603,0992,3301,8191,3991,0086711,812203183
202319,9696,2634,0823,1072,3421,9241,5511,2078541,8636987

Avgerage

2%

-21% from 2023

Typical

0% to 3%

0% to 4% in 2023

select any:
2024
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.)

-49%to-37%-37%to-24%-24%to-12%-12%to0%0%to1%1%to2%2%to4%4%to5%5%to6%6%to7%7%to8%8%to10%10%to11%11%to20%20%to30%30%to40%40%to49%
20241214441,50325,1492,2592,3551,9391,6251,2099987825881,7312265415
2023618411,62425,6862,0152,2281,9661,6201,3751,1521,0258053,1513645713

Average

5%

-2% from 2023

Typical

0% to 7%

0% to 8% in 2023

select any:
2024
2023
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-48%to-37%-37%to-25%-25%to-14%-14%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to16%16%to25%25%to33%33%to41%41%to50%
202422371041,8432,48610,6176,7205,3594,0842,9672,0291,2689081,48735712955
202320221122,8383,27111,0046,3505,0043,8052,8462,1251,5801,2102,34142113343

Avgerage

3%

22% from 2023

Typical

0% to 4%

0% to 4% in 2023

select any:
2024
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-1%-1%to0%0%to2%2%to3%3%to5%5%to7%7%to8%8%to10%10%to11%11%to21%21%to31%31%to40%40%to50%
20241324901,9001,92812,0735,9616,0764,1432,6121,7001,1408511,6952846322
20231317892,6942,58413,3906,3316,1104,2712,6291,6809677161,4362375511
select any:
2024
2023
2022
2021
2020

Sold Homes by Month Closed

JanuaryFebruaryMarchAprilMayJune
20244,9496,1176,6557,6018,4096,866
20234,5905,8437,9167,3618,7218,817
select any:
2024
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20247,3578,2289,53310,99910,55912,002
20237,3487,78810,32211,30211,55712,536
select any:
2024
2023
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20246,4357,1178,2848,6497,0404,555
20236,6837,3248,9318,7508,2604,977
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$67k$90k$113k$136k$160k$183k$206k$230k$254k$278k$301k$325k$349k$373k$397k$421k$444k$468k$492k$516k$540k$564k$587k$842k$1.3M$1.8M$2.3M$2.8M$3.3M$3.8M
20247166605566696059626567717277697477778271807678757410110590129126
20237153514647525651565965697177747569727377807279777388104120121128
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$37.96$51.39$64.82$78.24$91.67$105.09$118.52$128.31$134.47$140.63$146.79$152.96$159.12$165.28$171.44$177.6$183.76$189.92$196.08$202.24$208.4$214.56$220.72$278.58$388.14$497.71$607.27$716.83$826.39$935.96
20245058565972687877787269696463666566686673727172769277807488154
2023276745616060656665656562616063687367727473798173787888477576
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5606757919071,0221,1381,2531,3681,4831,5981,7131,8281,9432,0582,1722,2872,4022,5172,6322,7472,8622,9763,0913,6384,6165,5936,5717,5498,5279,505
20247969767875576264596569656469657473747573778383777988135125157128
2023526053575350515858636267667362696975737376776976729610014016795
select any:
2024
2023
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18731890190719241941195819751984198719891992199519972000200220052007201020122015201820202023+
2024175758378756559585652515451545760595851616571124
2023104887373676454455350424847535154545353535557127
select any:
2024
2023
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilMayJune
2024767677706663
2023697576716258
select any:
2024
2023
2022
2021
2020

Price per Square Foot versus Total Sq Ft

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

5466357248139029911,0801,1871,3141,4401,5671,6931,8201,9472,0732,2002,3262,4532,5792,7062,8322,9593,0853,6384,6165,5936,5717,5498,5279,505
2024$296$205$201$207$191$178$195$184$184$180$176$175$170$172$171$171$167$172$168$167$172$178$180$191$233$281$330$441$414$386
2023$272$221$192$209$200$177$194$184$180$177$175$170$168$168$165$168$163$167$163$164$165$174$176$184$218$269$301$358$346$403

Available Units

9,459

Total Sold

12,031

Average

5%

-2% from 2023

Typical Discount

0% to 7%

0% to 8% in 2023

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 June 30th, 2024

Units Sold:

12,031

Average Sold Price:

$406,886

Average Sold Discount:

6%

Average Price Reduction:

3%

Average DOM:

96

Sold Listings

12,031

0% from 2023

Average

$406,886

-2% from 2023

Typical

$285k to $441k

$286k to $456k in 2023

select any:
2024
2023
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$3kto$58k$58kto$114k$114kto$169k$169kto$225k$225kto$282k$282kto$339k$339kto$397k$397kto$454k$454kto$511k$511kto$569k$569kto$626k$626kto$683k$683kto$740k$740kto$2.1M$2.1Mto$3.5M$3.5Mto$4.9M$4.9Mto$6.3M
202411775232,3372,9332,1021,30879053535429117754741104
20231384612,3022,7762,0681,3238765344343972185443934

Average

$179

0% from 2023

Typical

$151 to $194

$152 to $191 in 2023

select any:
2024
2023
2022
2021
2020

Number of New Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$33$33to$65$65to$97$97to$128$128to$142$142to$155$155to$168$168to$182$182to$195$195to$209$209to$222$222to$235$235to$249$249to$436$436to$623$623to$810$810to$997
20241175791,2061,7432,0042,0351,5441,0936983271565276077
2023264441,1311,8492,1862,2441,5328605583171905948181

Avg Days to Sell

96

-7% from 2023

Typical Days to Sell

17 to 139

24 to 159 in 2023

select any:
2024
2023
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to3333to6666to100100to133133to166166to199199to233233to266266to299299to474474to649649to823823to998
20244,4981,8901,3851,063878669479336230420137406
20233,7481,9941,4221,1209597516304963205106252

Avgerage

3%

-40% from 2023

Typical

0% to 5%

0% to 8% in 2023

select any:
2024
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-37%-37%to-25%-25%to-13%-13%to-1%-1%to0%0%to2%2%to3%3%to5%5%to6%6%to7%7%to9%9%to10%10%to12%12%to18%18%to24%24%to31%31%to37%
202413135845,98467589784774359347037723050385112
202316156894,6895207097646826416485304781,283314365

Average

6%

-14% from 2023

Typical

1% to 9%

1% to 11% in 2023

select any:
2024
2023
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-42%to-31%-31%to-21%-21%to-11%-11%to-1%-1%to1%1%to3%3%to5%5%to7%7%to8%8%to10%10%to12%12%to14%14%to16%16%to23%23%to31%31%to38%38%to45%
202453235692,3981,4541,4641,3961,3071,0838265193695345657
2023314187962,5111,1791,1921,0538779668086555751,21513511

Avgerage

3%

32% from 2023

Typical

0% to 5%

0% to 4% in 2023

select any:
2024
2023
2022
2021
2020

Negotiated Discounts from Final Builder List Price

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

-42%to-31%-31%to-21%-21%to-11%-11%to-1%-1%to1%1%to2%2%to3%3%to5%5%to6%6%to8%8%to9%9%to11%11%to12%12%to20%20%to29%29%to37%37%to45%
202443215714,1521,6141,4101,0888196444603762665296527
202325125784,7181,7741,4991,137782489322231139305241
select any:
2024
2023
2022
2021
2020

New Homes Sold Homes by Month Closed

JanuaryFebruaryMarchAprilMayJune
20241,5332,0731,9932,1482,3261,958
20231,3581,8982,3412,0072,2302,186
select any:
2024
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20242,4642,4742,8343,1943,2753,313
20232,3272,3592,7003,1573,3193,561
select any:
2024
2023
2022
2021
2020

New Pending Contracts per Month

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

JanuaryFebruaryMarchAprilMayJune
20242,1492,3922,5072,4832,0121,640
20232,2322,3462,5472,3562,0951,638
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$125k$145k$165k$184k$204k$224k$244k$263k$281k$299k$317k$335k$353k$371k$389k$407k$426k$444k$462k$480k$498k$516k$534k$790k$1.3M$1.8M$2.3M$2.8M$3.3M$3.8M
20241501121821337766787876768589991039298102109101104118102120116132217178196103137
20231421279091615577708187100105115112117108112106110107127117121130138152147140125259
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$78.04$87.85$97.65$107.45$117.26$127.06$136.86$144.02$148.54$153.05$157.57$162.09$166.6$171.12$175.63$180.15$184.67$189.18$193.7$198.22$202.73$207.25$211.76$269.5$380.46$491.42$602.38$713.34$824.3$935.26
202415718616765122110114100999079898194878187868295929410110817217417188129205
20231074873818510110310399929891989910110899104110107109113110107132121152136203
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

6427668901,0151,1391,2631,3871,4931,5821,6711,7601,8491,9382,0272,1162,2052,2942,3832,4722,5612,6502,7392,8283,3034,1645,0255,8866,7477,6088,469
20249617715512280478867909383797397105871119911310710994112125120136159173157537
20233410379453598178103919191110100901051051181061311131321281311301577419421191
select any:
2024
2023
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilMayJune
20249693102979393
20239299107112102101
select any:
2024
2023
2022
2021
2020

Price per Square Foot versus Total Sq Ft

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

6327378419461,0501,1541,2591,3601,4571,5551,6521,7501,8481,9452,0432,1402,2382,3352,4332,5312,6282,7262,8233,3034,1645,0255,8866,7477,6088,469
2024$341$289$160$176$191$178$183$185$183$181$177$182$170$172$172$170$165$163$174$174$165$158$169$190$221$309$350$508$661$605
2023$279$377$173$174$191$183$182$191$180$182$178$176$173$173$165$169$164$173$177$164$161$169$178$190$232$326$359$469$594$905

Available Units

9,456

Total Sold

12,031

Average

6%

-14% from 2023

Typical Discount

1% to 9%

1% to 11% in 2023

Available Units

9,456

Total Sold

12,031

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.